InvestorsHub Logo
Followers 29
Posts 9421
Boards Moderated 0
Alias Born 04/30/2006

Re: RSPennyStocks post# 30196

Thursday, 10/04/2012 10:59:45 AM

Thursday, October 04, 2012 10:59:45 AM

Post# of 30387
Moro has been getting money via "death spiral" notes from Asher Enterprises.

The notes convert at a 58% of the lowest 5 day average in the latest 10 days of trading. Asher is guaranteed a profit on all the shares he sells.

After he sells the shares short, he gives a notice of conversion to BioCurex. He never has to actually hold any shares and the trades show up on the daily FINRA short report as "unresolved trades"

FINRA has NOT approved the reverse split. Moro was paying the employees of his personal company, Pacific BioSciences, with shares of BioCurex. He has laid off his employees except his son. The recent selling at the end of the month was probably his son selling shares.

When the shares outstanding reach 450 million, that's the end of the road for BioCurex.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.