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Replies to #43521 on lowtrade

lowtrade

10/01/14 3:40 PM

#43535 RE: KitKat88 #43521

FBEC

Guess they issued the last court settlement $57k worth or 195 mil shares to IBC Funds, LLC. Because Sept 2nd OS was 384 mil. And that level was reached on a prior court case on $101k, between the company & IBC Funds, LLC. Which took the OS from 225 Q2 to 384 mil Q3.

Doing the math, then IBC Funds, LLC holds 350 mil +/- for sale. Over twice what the OS was March 31st @ 225 mil.

IBC Funds are not an actual VC firm. They buy up vendor debt owed by companies and take startups to court for shares. Then they sell to the retail herd for profits.

I entered FBEC small, yesterday on the pop to 1st resistance .0007, plan going larger if .0008 next is hit.