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05/07/15 1:59 PM

#28874 RE: Zardiw #28873

Saeed was CEO of IFX*, everything he pulled there, he is pulling here. He also stated several times that there would never be a R/S over there because "It only hurts investors" and guess what... it did, now its sitting below post split values... BS? Not at all... just follow the trail. GLTU!

ptcgolf

05/07/15 2:05 PM

#28876 RE: Zardiw #28873

Actually what Talari is saying is BS....its a paper selling scheme....just keep shuffling the deck to keep people buying in, just look at IFXY then compare it to FWDG....Saeed never accomplishes anything.

KrakenTaken

05/07/15 2:31 PM

#28880 RE: Zardiw #28873

Stick a fork in it.... This goes to no bid soon

trader guy

05/07/15 2:36 PM

#28881 RE: Zardiw #28873

There are other factors to consider as well in reference to the possibility of an R/S. The last reported O/S was 861M. The A/S is 2B. That gives a cushion of 1.4B. The last convertible debt held by a non-insider lender was the $64K that converted on April 20. The lowest trade just prior to that was .0018. The terms of the convertible loan are unknown to me, but using the current standard of about 50% of that low as the conversion rate, you're looking at around 70-90M shares issued to satisfy the conversion. That's a bit short of the 1.4B cushion before the A/S is maxed out and an R/S even being considered. Plus there's also the option of an increase in the A/S, which is currently just as remote a possibility.

Even with their business plan being to finance the creation, growth and spin off of subsidiaries, with the spun off subs having their own tickers means they can finance their own growth. And as long as the subs are majority owned by the parent, revenues and earnings will appear as earnings and revenues for the parent as well.

Hierophant

05/07/15 3:53 PM

#28887 RE: Zardiw #28873

Absolutely, there is No substance to these posts whatsoever.