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marexx

01/15/15 1:17 AM

#63055 RE: jjphillips #63054

This is exactly my point, with A/S increase comes new money and of course new stories.... who knows, maybe some kind of First Liberty intergalactic Spaceship will come into play next? some 3.5 Billion shares need to find new homes and to do that they need to come out with damn good stories (read this as Business Plan in Don case).
3.5 Billion shares even at this level is like $1.5 Million.... too much money just to leave it on the table.
No.... I think we are just about to enter another round of this saga. IMHO

Tradeinman

01/15/15 1:59 AM

#63056 RE: jjphillips #63054

"Transparency" and communication would have never put this company in this position.

freebies

01/15/15 7:19 AM

#63057 RE: jjphillips #63054

Do you know how much they owe on notes and how many shares will be issued eventually? If it is starting of the dilution then that's scary.

Its a good entry point to consider if the dilution stops.

jmho

RJM427

01/15/15 11:07 AM

#63062 RE: jjphillips #63054

Well, they know that increasing the AS to 5B would leave them around 3.5B shares to sell. Even if this falls to $.0001, they would make $350K to line their pockets with prior to concluding operations. Then they just move on to the next charade.