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Re: Prudent Capitalist post# 14722

Wednesday, 08/29/2012 10:19:45 PM

Wednesday, August 29, 2012 10:19:45 PM

Post# of 96906
How rude of me, I didn't address the rest of your post.

You are on record with your erected "ceiling" on IWEB shares, and we will see how that pans out going forward.

No, the effective cap was errected by IWEB, I merely pointed it out, but I'm certainly not afraid to take ownership of that observation.

While retail investors may get caught up in the hype and drive the pps above 7.4 cents occasionally, I find it hard to believe that major investors are going to pay much more than 8 cents for the stock with 10 cent warrants, but then the existing warrants will have to be reset much lower and the quantity will increase. That's the trouble with toxic finances, it poisons the stiock. The next round of finacing will be very telling.

I am, of course, pleased that you apparently feel that the IWEB PPS will hit .20 before all of the warrants are exercised, from your examples.

How I wish, but alas, it was only an example so that you and others could understand what I was saying. I don't think we'll see 20 cents w/o a reverse split.

The pps is starting to define itself better and I'll talk about that next week, unless no one is interested in my thoughts. In that case I'll keep them to myself.

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