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Re: Jacapo post# 27076

Wednesday, 07/17/2013 2:53:09 PM

Wednesday, July 17, 2013 2:53:09 PM

Post# of 38473
Jacapo...

If you truly think its anything but dilutive share issuances and dilutive convertible note features killing the stock then I'd direct you towards their SEC filings.

Look... When this stock was much much higher they had what? A hundred million shares O/S?

Now look... 3 Billion.

Here's an interesting note...
In December 2012 the stock was at $0.0050 range and falling.

The stock, after that SEC filing has almost thoroughly been in the red and falling save only a handful of days where it closed even, or climbed only to give back those gains and continue falling.

Now... We know it was a 67% dilution so we figure out a price range for a 10 day period surrounding the SEC filing and that gives us an idea on the settle price.... Which very closely looks like the range the stock has been in here at $0.0016 to $0.0020.

The drop was a given. It had to happen and everyone knew it'd drop by at least 67%.

This isn't naked shorting. It isn't who buys where or sells where. This has virtually nothing to do with traders as much as it has everything to do with the dilution the company assigned. They filed for a 67% dilution of the shares and the share price reacted in kind.

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