InvestorsHub Logo
Followers 28
Posts 1076
Boards Moderated 0
Alias Born 08/20/2006

Re: MightySam post# 1172

Sunday, 02/24/2013 9:56:43 PM

Sunday, February 24, 2013 9:56:43 PM

Post# of 2236
like what...?

lets say i am wrong about the technology and it does have significant market appeal/viability. further, lets say both of these entities in the PR are legit and neither is being played.

Puresafe is dead broke. they have zero leverage. they are fundamentally insolvent. and their stock has been leveraged out.

where does that leave long term shareholders? not traders or momentum players who started getting in on the bandwagon on the pump around $0.002/share. where is the long term return?

do you think either of the entities in the announcement are going to work for free or just donate their time...? Puresafe has no cash to pay them (they can't even pay their interest or dividends on their loans/debt instruments). so they have to pay in shares.

since we just saw this go from $0.002 to $0.02 and back to $0.005 in about a week - what price will they accept to ensure they have a reasonable level of risk of being able to make money on those shares in return for their "considerable resources" they are putting in to the effort?

so - what are the big things? and if you know - then the company should know. and if the company knows - why are they not promoting them?
Join InvestorsHub

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.