InvestorsHub Logo
Followers 108
Posts 4135
Boards Moderated 0
Alias Born 04/21/2011

Re: MissyL post# 45515

Thursday, 10/24/2013 8:21:03 PM

Thursday, October 24, 2013 8:21:03 PM

Post# of 194796
What are you talking about? Bill owns more shares than anyone here, as do the other insiders, and they are all averaged well above a penny, closer to .02. He doesn't take a salary yet from FITX, he's said that repeatedly. If he wants to sell some occasional shares, he is more than welcome to cash some in for the hard work he's done and tremendous progress made, as are the others. He responded to someone here earlier that neither he nor the company sold a single share today. So, there goes your repeated dilution argument again. If some toxic financiers decided to cash in, he has no control over that, but the shares didn't come directly from him or the company. The amount they may have sold in the past was a fraction of what they own...in other words, irrelevant. The catalyst was likely the guy who had 30 mil shares here and cashed it all out, as he posted. That starting the panic chain effect of weak hands selling, so I see the current pps as not real, and it won't stay here forever. I agree with him, as do many here, that only a fool would sell their shares down in these levels, and anywhere subpenny for that matter. This stock will be heading back to pennies, no matter how bad you want it not to. Only a matter of time, not a question of if...

FITX