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kayak_wench

12/01/17 12:33 AM

#943 RE: Nytoncva #942

A social media set up to try to drive the price down to get low shares is not driven by an amended S-1 SEC filing. There is no fluffing off the removal of the restriction that BellRidge would not sell any stock below 0.06 to allowing BellRidge to sell stock as as low as a price as the market can handle.
They haven't used any of the 50 million allotted shares, removing the restriction is so that when they start diluting to get $$ and the price drops, they can continue selling no matter how low the price goes. So that means we shouldn't expect news in the short term. If they had deals they were about to announce they wouldn't of had to submit an updated S-1 where the ONLY change was to remove the restriction that no sells could occur before 0.06.
The big boss that made the decision to remove the floor was Hassett. Hassett is telling us he thinks the price will drop below 0.06. So your accusing the CEO of being a boiler room crook trying to generate a negative vibe?