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Re: SEC26 post# 12084

Tuesday, 01/01/2013 12:09:38 PM

Tuesday, January 01, 2013 12:09:38 PM

Post# of 158400
I hope your right, but I doubt it. Remember that Southridge has no vested interest in seeing the stock price climb - they haven't loaned $20M to BMSN; they rec'd cd and fees up front for providing the financing and BMSN can draw against the credit line when they need to. Southridge doesn't want them to draw against it unless the PPS is low (Southridge gets more shares this way). Look to any of the other Southridge victims: ENTB, ELAY, KNSC and a multitude of others. They utilize companies like SGI Group and Star City Capital to short the stock over time, starting just after the "IR" that ANYCO has acquired financing through them. This pumps the price, Southridge, et al, short and then cover with their cd or stock they acquire because the company has to come to them for money. THE STOCK THEY ACQUIRE IS SOLD AT A DISCOUNT TO SOME FORMULA ON CURRENT PRICE - they can't lose if the PPS goes down. As a matter of fact they ride they company into the ground, banking the loss of value as they go.
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