I am in starting at .02 as are many others. Some may be in at $1 from 12 months ago.
I am sure a bounce will come, but I suspect the convertible debt banksters will drive this as low as they can until sellers run out of shares to sell thinking they can get back in lower, if they even ever get back in.
I was a bull here until last night when I learned of the massive, nasty convertible debt being converted any day now. That convertible debt could turn into a billion shares right now.
Anyone know what the AS is? Billions? This is now a disaster the CEO should be sued for creating. This could have been a great company. I am not about to sell here, but I lowered my average down bid to .0005 in expectation of toxic debt shorting. I hope I am wrong, but recent action suggests I am not. Then again I was wrong about it being a great buy at .02 weeks ago :(
It is possible the CEO is crooked enough to have family and friends buying up the cheapies when it bottoms :( But why do that when he can print new shares like he did recently when he raised the OS 50% by issuing himself a share bonus?
Does anyone know who the loan sharks were, or are, is Asher one?
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