Right. Couldn't be the folks out there with 300,000,000+ shares acquired at a zero cost basis taking advantage of a little run up created by euphoric and unrealistic interpretation and broadcast of company propaganda and stock promotion? Due diligence comprised of pretty pictures of Armenia, product shots and echoing of company PR? The only part of the DD that's significant and real are the financials which are conveniently buried and deemed unimportant by the longs. No financial analysis. No background checking. No official record checking.
No, I think the zero cost basis guys are having a wonderful day today on the shoulders of a lot of poor newbies. You see, those zero cost folks are the smart cookies. They know how little they need to get to make a fortune on a little bit of toxic funding. They look at the company, their financial state, the management in place that they lent money to, the real DD elements and see it's just a matter of time and take what they can get. Today is a gift for them.
How many more private placements have been done? There were five or six done in the last year that no one even knew about until June. But all of those involved in them knew. To all newbies, go look at the company 10Ks and Qs from 2008 to 2009. Look at the March interim report. This is an insolvent company that has burned $30 Million dollars and never made a plug nickel.
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