Replies to post #36888 on BlockQuarry Corp (BLQC)

[Carini]

Yes a brilliant strategy!

1) announce you're going to buy back up to 300MM shares while the stock is trading at .0005, also say the board/buyers have agreed not to sell for 6 months

2) gag the TA, file for an A/S increase of a billion shares, and then watch quietly as 600-800MM+ shares are dumped into the bid, taking the stock to no bid

3) announce you've started buying back shares and will announce the totals "next week"

4) the next week, announce that you'll announce the totals "in the next press release"

5) stay silent for five months while the stock sits at no bid and/or any bid at .0001 is dumped back to nothing

6) shortly after the 6-month selling restriction period ends, release your next press release, but don't say anything about the buyback. Do say you will be filing financials the next week, and include vague statements about "growth" rather than real numbers (technically, $1 in sales for Q2 would be an infinite increase in growth over Q1)

7) don't file the financials as promised, but suggest on Twitter that you've reviewed them (again) and will definitely be filing them next week

Brilliant and totally legit strategy for a real company to take!