Replies to post #6867 on Pura Naturals Inc. (fka PNAT)

[drink-up]

Great post. Thanks for sharing. I'd love to ask them why they announced the increase is available shares and the possible RS the same day they did the home depot PR. Any talk of the buyout rumor? Exciting times ahead!

[theraz]

Sorry, but this actually takes a lot of my confidence away. Particularly the line about needing to RS to uplist, which is completely untrue.

All that is needed for an uplist is the proper paperwork and for the pps to be at or above the exchanges required price for 30 days. Now, I'm sure they would love to get TRIPLE their AS AND get to wipe out all current investors with a high RS ratio so they can hit the reset button, but 99% of the time, using it as a tool to uplist does not end well. If the company is doing well enough to uplist, they shouldn't need pps manipulation to get there.

Also, if they "Don't plan to RS anytime soon" then why in the hell did they kill the HD.com run with mention of an RS? And having the date set for december only means that we'll have the threat of an RS hanging over this stock until it's executed or it expires. The Freedom Leaf PR should have had us pushing over a penny, but instead we're barely back to HD.com launch numbers. I'm willing to bet that if the RS is passed, we will see a large sell-off with investors jumping out and looking to buy back in cheap once the post RS dip has bottomed.

I don't think we're going anywhere until the RS is settled.