InvestorsHub Logo
icon url

Ultimaratioregum

12/14/15 4:24 PM

#5595 RE: BlindSquirrelFindsNuts #5594

Or more! 8 mill at today's pps won't take much cash. Lock up the float and get it running! Problem is management will probably continue to be idiots and issue crap prs if any at all.

I would love to see a big pump before this goes to sh!t (if it hasn't already lol)
icon url

BerryH

12/14/15 5:33 PM

#5598 RE: BlindSquirrelFindsNuts #5594

The most logical starting point for a pump would be just prior to January 13th. That way they could keep the price low in the mean time and artificially deflate the warrants so they can buy them back on the cheap. Since they are guaranteed 128 shares by the exchange offer, I wouldn't be surprised to see a pump that brings the common back up to- oh let's say somewhere around 30 cents- prior to January 13th, the date that the ability to tender the units expires. 128 * 30 cents is just shy of $40. Then we could see a massive sell off around the 13th, driving the price back down to nearly nothing before everyone that didn't tender their warrants loses a bunch of money.

Of course this is just conjecture, but seems like the most logical move if they were indeed running some sort of scam. But people are watching.