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Re: Gold Seeker post# 30333

Wednesday, 05/15/2013 2:21:27 PM

Wednesday, May 15, 2013 2:21:27 PM

Post# of 30387
This interesting. Someone wants control of the company and they now have 1/3 of the OS shares. They have spent about $25,000 in doing so. That appears to be a cheap way to buy an active shell.

In the past, the new owners of the shell would reverse split the stock to get rid of shareholders but now all reverse splits have to be approved by FINRA so that might be difficult.

I wonder how much more the buyer is willing to spend. Another 500k shares and he has a majority share position.

I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.

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