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Magnum7419

06/01/16 11:59 AM

#191328 RE: mary777 #191323

Dilution of shares coming like water over the falls.......

BOD IMHO have determined common shareholders are not needed .....

Look for a buyout or they go private..... either way......

This will be interesting as the new wave of investors are better educated than the previous........

Don't forget the sellers of BLumOak have the option of shares or 2 million in cash....... I bet they take the case and dilute a little more.

What if no one buys......... lol

I would wait for single digits ....... its coming..... no sense getting caught as the knife falls IMHO

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MonestHind

06/01/16 12:00 PM

#191329 RE: mary777 #191323

It's Maxim Group. I don't know what the hell Maxam is though.

Sometimes it indicates institutional shorting...which I suppose jives with the recent spec re "Anson Fund."
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MonestHind

06/01/16 12:04 PM

#191331 RE: mary777 #191323

There's always the possibility that they're building a position for some"one" too, I suppose.

The only reason I say that is because Sleek sold all of his shares...so I could see the trend reversing as the entire world seeks to do the opposite of whatever Sleek does.

Who knows.