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superheated gas

09/07/17 12:31 PM

#44356 RE: Pennyman300 #44354

This is what happens when a company destroys their share structure, and dilutes so much. there are an unlimited number of 0001 flippers for a 100% gain now. its going to be nearly impossible for mmeg to get over the hump. they effectively diluted this pig to death.;


now, whats next is people figure out that buying 0002's is a futile effort, and only 0001's will be sold. (dilutive shares per the 5 billion A/S increase at par 0001)

Eventually, nobody will buy 0001's either because there is no gain to be made if no 0002's are sold


Hence is why some of us have been screaming this is going to no bid soon..


ALL IN MY OPINION

Buzzie

09/07/17 12:31 PM

#44357 RE: Pennyman300 #44354

could they be trading 3's for 2's ?

achron

09/07/17 12:31 PM

#44358 RE: Pennyman300 #44354

You've never seen this before?...lol...it only happens all the time in the OTC either from converted notes that need to hit or just people restacking on an ask. Eventually the 2's will run out and up it will go, all the catalysts are still in place, this is just a waiting game