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Richby30

03/15/16 7:01 PM

#12661 RE: brentkosta #12659

Friendly most likely. When someone puts their shell up for sale they need usually at least 90% of the shares to be deliverable to the purchaser of the shell. So my theory, again this is all speculation based on last years trading and this weeks action, is whoever was the "owner" of MGON bought around 90% of the entire float (through CANT) last spring which is what triggered that big 10,000% run. This means only roughly 10 million shares and maybe less are in the public float right now, which is why on Monday only 11 million shares in volume brought a 100%+ increase in the share price and on Tuesday a similar amount of shares ran it up another 100% from .0005, where it had bottomed. This to me suggests the shares are being accumulated into stronger hands who know there is a much bigger move coming or the possibility for a forward split, shells with small share structures will sometimes do a forward split instead of the a/s increase. This will likely cool off for a few weeks before we get the real move, but I could be wrong as sometimes these events happen very quickly. An example would be CAFS (previously FOFU) FOFU was a shell that got taken over and within a week or two it ran from .002's to .10