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Re: AugustineAl post# 33012

Friday, 06/14/2013 12:23:28 PM

Friday, June 14, 2013 12:23:28 PM

Post# of 222693
Many of the old timers are gone. They sold with losses and got out. Most of the people still here have their shares at a fraction of a cent. Some will sell with a small loss, others want to get even, but they don't hold enough shares to prevent upward movement. The lenders strategy was to take it way down. That would disgust many old timers and flush them out. It would also allow them to load up at prices that were rock bottom. Then, they reverse split it to around a half cent, from where they can manipulate it up with a whole new bunch of investors. It will happen, and it will probably go up to 5-7 cents, maybe more. It depends on what they can use in their promo and if they can continue to attract new people. In any case, since the lenders have their shares at a current price of about a half cent, they will make at least 100% on their money, and probably much more. They hold at least half of the 52 million shares, so they still need a lot of interested people to unload them. They will. Count on it.