Replies to post #85517 on PAO Group Inc (PAOG)

[askjsell]

Dudes,

Massive stock dilution is coming and a reverse split thereafter.
NWAV has zero money, zero cash, zero revenue.

The recently announced merger with a film company is an attempt to justify stock dilution. Management will assert they need to sell stock in order to fuel expansion and to finance this merger.

I have extensive experience in these sorts of matters and I am here to help you. Please take advantage of my expertise and wisdom. Stay away from NWAV.

[Hittin160s]

Great post SR, I have a question though.

So own the float is calling out companies where they feel the float can get locked up easily, I get that.

How would something like this apply to a brand new MJ stock with a 3 mil float? When I say brand new, as in a couple of weeks ago they had their name and ticker change take place. Yesterday was the first of volume (250k) which drove the stock from open at 0.28 to upwards of 0.95, then closed at 0.827.

I am not saying what other stock this is, or even if its real, I am just trying to get a grasp on what they are looking for when locking up the float, besides the obvious "hold your shares tight". What else comes into play with a MJ stock if we are throwing fundamentals out the window?