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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
56,817.03
(
-2.55%
)
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stkjunky

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stkjunky

Re: d-trdr post# 6063

Wednesday, 10/09/2013 3:04:59 PM

Wednesday, October 09, 2013 3:04:59 PM

Post# of 30644
It's called dilution. Convertable debit financing... They can and will dilute this stock into oblivion if money owed is not paid back at the end of the lending term aggrements.
Also known as pump & dump. May or may not be the case here, but anyone that believes what this managment says, and buys into it is RISKING their money bigtime. This is the most likely scenario here. But it is also possible that managment could still pull it off by delivering oil. But so far every announcement has been hollow words.
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