Saturday, October 06, 2012 10:09:33 AM
According to my DD, "Reserve Equity Financing" is the kiss of death. The majority of their "lucky" recipients are in the grey market, have stop or yield signs or have, at best, flat charts. And it's not as though AGS Capitol Group actually ever puts any real money on the line - they never have to. The stocks tank before they get shares registered to sell to AGS. Ha! But AGS probably is getting shares in compensation that they then sell before that to…well, you know who.
If you doubt me, just look at WAFR's chart since May 10, 2012 when this "financing" was announced. And what is this financing worth, really?
They could buy every share today for only $8 million. LOL
"Incroyable!"
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