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Tuesday, August 27, 2013 1:02:06 PM
On the stinky pinkies, companies like SNDY exist everywhere. As long as they have new shareholders who are blind to the truth and keep supporting them, these pinky companies will screw them over time and time again. Classic example - SNDY. Massive toxic dilution resulting in Billions upon Billions upon Billions of shares sold over the years that lead to FOUR devastating Reverse Splits that wiped out shareholders.
However SNDY just chugs along, continues to dilute another Billion shares into its O/S, raises its A/S to 2.9 Billion shares, with a new batch of shareholders clutching onto the same failed hope the last ones did, and the ones before that did, and the ones before that did, and the ones before that did.
Those are the facts. Of course for some in SNDY Land, anything that shows SNDY's documented destructive history is considered opinion, and anything that doesn't is considered fact.
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