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Re: lakers17 post# 7602

Saturday, 05/04/2013 11:37:39 AM

Saturday, May 04, 2013 11:37:39 AM

Post# of 7992
I agree, and I also believe those that bought at the highs will certainly have an opportunity to profit in the future. I am under the impression that the run you are refering to was stopped by debt conversion. This stock ran from the 002 range to just under a penny in a matter of hours. Then I believe the debt converter began dumping shares which cause the share price to retreat that day. I also believe the company recently purchased the remaining shares from them as opposed to allowing them convert on the open market, thus the reason for the retirement of the 70 million shares.