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boatlife

05/11/15 7:06 PM

#29510 RE: SlingofDavid #29503

ty for that explanition
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Cabledawg

05/11/15 8:27 PM

#29521 RE: SlingofDavid #29503

Hmmm...Interesting. You raise a good point. I havent seen that kind of volume in share buyback thus far either. Unless their procrastinating until day 10 which could be very expensive for them as the pps keeps rising.
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Stock_Gambit

05/11/15 9:08 PM

#29525 RE: SlingofDavid #29503

I agree they are waiting til the last minute hoping for the pps to drop. Luck works both ways. We want it to go up, they want it to go down. They are losing so far and we could see that monumental squeeze really soon!
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Chief Slapaho

05/11/15 9:15 PM

#29531 RE: SlingofDavid #29503

Sorry, Timmy, but your logic is flawed. Let's break down your post.

Well, if that assumption is right - and it happened 34 times - they should have issued 145 million shares to cover the total of $145K debt enumerated in the filing.


First, this is a wild assumption on your part. Second, how do you know that the amounts were exactly the same 34 times? I suspect this is WAY WAY off. Third, you're reading more into the reports than the data that is provided. Your conclusion is based on an interpretation of what you read, not necessarily on facts ... which, admittedly, we don't know. Sure, there were errors made, now they're fixing them by forcing the note holders to either turn those share certs in or buy an equivalent of what they had, but at a much higher PPS with FDA approval news pending. My opinion, for what it's worth, is similar to what has already been posted today ... the note holders are praying that shorts will try to take down the PPS until the 9th day, then we'll have a MOASS.
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Kooka_Duke

05/11/15 9:17 PM

#29533 RE: SlingofDavid #29503

There's No Way Of Knowing Exactly How Many Shares Flooded The Market Back In Nov..,& Dec. Of Last Year Bro.....To Speculate Is Useless!....I Can Say This If All Shares Issued Where Sold Into The Market, I Mean Every Single Share Then The Float Is Nearly The Same As The A/S @ 2B!....Now If That's The Case Then The Note Holders Will Have To Come Up^ With The Difference In CASH MONEY $$$$!!!. Not Open Market Shares!!!!...To Put Themselves In That Precarious Position Would Be Foolish On There Part To Have To Pay Back Cash Money!!

I Highly Doubt That This Is The Case, Because The Accum/Dist Level Is @ 1.5B+!!!!.., So I Believe There Are Shares Still With The Note Holders, And This Will Be Revealed Here On ADMD Very Soon!