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Re: BullsEye post# 6872

Wednesday, 04/03/2013 5:59:52 PM

Wednesday, April 03, 2013 5:59:52 PM

Post# of 8129
BullsEye, you've been hyping this thing for a long time. In case you forgot, the split took the share count down from over 200,000,000 shares to 200,000. Basically .004 to $4, then magically during the two week "trading halt" it went down to around $1.50 on zero volume. you are correct, within a couple months after the split it dropped down to .05, where it should be. With another touch of magic the value went to $1.1 where it is today. Oh yeah, lets also not forget the share count is now over 20,000,000, making this a $20,000,000 market cap company. 20 mil and no product or notable revenue.

The newly printed shares went to pay Matt for all his hard work and effort leading this productless company out of the ashes. I'm sure in the next few months we will see some PR indicating that these worthless shares were used to pay off debt or lure some new sucker investor. Since Matt holds all the shares it's no surprise that it's artificially inflated to over a $1. if the shares were in the open market it would be less than a penny.

All the while, this is somehow legal. Please explain to me how this is legit?
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