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Re: trader53 post# 28415

Thursday, 08/23/2012 9:05:01 AM

Thursday, August 23, 2012 9:05:01 AM

Post# of 60130
Yeah wow, $7500, some heavy rolling VC.. I mean what will they ever do with the proceeds if they ever sell for 2 or 3 times that amount. It is amazing they risked so much more than average retail.. just amazing....

Once again there are no VC involved here as the filings make it clear debt holders are issued shares at severe discounted rates. They can sell at .0001 all day long because they were issued shares at .00006, that is 66% gains.