Blue Victory repost from Dec 11
Blue Victory (our largest lender (an insider and private)) didn't want it's loan paid back! They converted debt to stock at $1.95 -- converting the debt establishes a new market pps of $1.95 equal to .279 pre-split---- this was a brilliant move - still no volume as they clean up the CUSIP numbers but I smell big news - Remember the insiders can dilute stock (they didn't) the insiders can pump news releases to pump stock (they didn't) the insiders can simply give themselves stock for free and call it salary or marketing (they didn't) ---Blue Victory put up "real cash" as a loan and then converted it all to stock at $1.95, essentially buying stock when they did not have to -As such, $1.95 should be the post-split floor - the insiders spent real cash to buy for that amount - $1.95 I see this at $4.00 in 2 quarters if they do just a few little things right -- anybody think I am wrong?
Do not buy or sell based on this post - do your own DD - the ibox is the best place to start. Read all my posts by searching member - spongeboy
