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Montanore

09/18/14 11:43 AM

#43715 RE: MONICALAW #43713

Thank you for acknowledging that they always need money. They always need fresh buyers to dump shares on--hence that's why the bid is weakening and the ask is ballooning. The same pattern over and over since inception.

Insiders make a comfy living off of dreamers.
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SMResources

09/18/14 11:55 AM

#43718 RE: MONICALAW #43713

A gradual systemic buy back would be interesting. $30,000 right now would clear nearly a 100 million shares off the ask. A buy back would be dependant on sustaining their operations in a way where they have some money to work with, They are not quite at that point yet with their processing capacity. Chances are they will probably do a R/S as it is most probable what I would do in their place. It would upset some people but I believe if they are conservative with further issuance of shares with a new and much higher share price, this would most likely be the last RS they would have to do.