Replies to post #29022 on Rimrock Gold Corp (RMRK)

[Chronic The Hemp Hog]

So because there is a bid on a non-trading stock that proves that the company is worth $40 million? I guess I am a millionaire I put bids on all my stocks at really high prices. The reality is that no trade will ever go through at that price.

The real price is in the range of 7-10 cents based upon the 10-Q where there is a blurb that states the following:

10,000,000 shares held by Deborah Thomas, the former Chief Executive Officer, principal accounting and financial officer and director of the Company, representing approximately 88.22% of the outstanding common stock of the Company immediately prior to the Stock Sale, were sold at a price of $0.031 per share, and an aggregate of 1,335,000 shares held by the remaining shareholders of the Company were sold at a price of $0.075 per share.

Guess the former CEO got screwed on the sale of her shares.