Tuesday, February 11, 2014 11:33:46 PM
Today I received an update from the largest investor on the team, who now owns over 3.84M shares. In total, the reported shares for Team BSAV is over 11.4M shares and growing by the day, with the unofficial total probably over 12.5M. So, simply using this team as an example, Scrips is bringing in new blood each week.
Indeed, despite the large short interest and the heavy dumping of shares by Ironridge and the toxic note holders, Scrips is bringing in new blood with each positive news announcement, especially at these bargain basement prices. And when we reach that day on which the company tells us NO MORE NOTES, many people waiting on the sidelines, including a few of my big money friends, will be tripping over themselves trying to gobble up the few remaining shares in the float. And they will most certainly be paying higher prices than where we ended today. The silver lining for the individuals waiting on the sidelines is that while Ironridge and the noteholders continue to dump their discounted shares, the opportunity to load up at the bottom remains. One day very soon, however, I am confident that this prime opportunity will be gone for good.
Good night,
BSAV
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