Well, I am waiting for the response, I proved there was dilution from WRAP's paperwork, the sole person in charge is just arguing which pile he is getting his shares from, no he may not be selling his own personally shares but even I would buy a couple 100K here and there if I can get someone to take a hundred million off my hands in exchange for some Franklins. This is just a printing press, good idea for business model but there is very little revenue and I am not sure where all the money is going. A program was developed, got a server (or he is renting space on one which in minimal money) and maybe an office space. Whats left? Where did the money go? Service rendered? lol! Read the long least of 504's and start doing the DD. Every single time I have seen Fairhills involved in anything, it turns into a bloodbath sooner or later because they will cough up money easily and lay the burden on unsuspecting traders.
My motivation? I got hammered on this ticker and taken in by "I am buying shares" promise while the whole time shares are being dumped left and right. I am happy to give my opinion to new traders that may fall prey to such scheming tactics to benefit the company only. There never was and never in the immediate future be any thing in place to increase share holder value, PERIOD! Show me one thing that will increase a traders possibility of a return, just one. Not possible. Even the one day pump led nowhere, why? Because enough experienced traders know to leave this pile alone until there is actions by the sole head chief to ensure that the possibility exists there could be a return on investment.
I have said it several times, to gain trader confidence, they have to know what the future of the share structure is gonna be. Any true share buyback program that I have seen involves retiring or restricting the shares. Then we can move it, but when a trader or group is slapping the ask and folks tied in with the company are dumping them as quick as you can buy them, no this will remain stagnant and fall. It is just simple supply vs demand then what someone is willing to pay for it. He could even submit a filing to freeze the share structure. If restrictions and freezes are not possible then that is a clear signal this is an ATM he intends to use.
Do your own DD, consider all my posts my opinion
