Replies to post #63222 on Herborium Group Inc (HBRM)

[Miracleman 1]

Good point and share your sentiments. The major reason that price has stayed primarily in the range of 5-6 at trip zero level is because this stock is not qb listed. This causes the stock to not be on many exchanges where much higher visibility would increase public trading and therefore price as well. The company is pursuing the funds to uplist this stock. Costs about $100k and takes about 2 months from start to completion.

[downthehatch]

Good news + declining price = constant, never-ending dilution

That's the formula that Dr. Agnes uses for HBRM:

release a bit of "good news" dump another 20- 50 million shares into the float, and repeat until the A/S is completely outstanding.

Then, do an R/S.

And despite what many here claim, the CEO has not "promised no R/S"

She has simply stated "we have no current plan" to do an R/S-- big difference.

As long as the dilution continues, the price will continue to fall. Just look at the chart for the last year, for confirmation.

Lots of good news over the last year, nothing stopped the decline in the share price. Down over 99%.