Wednesday, September 05, 2012 10:06:20 AM
They are using their own funds to buy more shares. agreed??
We can see this in the filings.
Between the two of them they own about 150mil+ shares..which is the majority of the outstanding..so its not like they have sold off billions of shares .. like you said 10 20 or100 times that?? where do you see that...if they did.. it would be in the filings.. its not..
As 10% owners.. if they buy or sell they have to file a form 4 right?? You say they are giving away shares.. The only person the company has sold shares to other then themselves, is Asher.. and he as well has filed to be a 10% owner.. so He as well has to file a form 4 if he buys or sells agreed ??
So..where are they selling all these shares you say they are selling..??
I dont see where.. Now .. yesterday the did file that they have offered warrants. but those are offers and have not been sold .. as far as I can see.. this is a mining operation.. they need funds to move forward.. Is this not the purpose of going public.. To raise funds by selling stock ?? I guess to me the fact that these guys are putting there own money on the line speaks volumes.. IMO
But time will tell.. good luck to ya..
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