Replies to post #5458 on American International Holdings Corp (AMIH)

[BeachBum]

It’s been pushed out a few times and the longer it takes, the less likely it will close. The other elephant in the room is the debt. They will have to raise the A/S to allow debt to be converted to shares. The lower the pps, the more shares converted. MM’s short high and cover low knowing when new shares are hitting. We are blind, MM’s are not. There’s been 2-3 opportunities to make some money here. I think we have one more chance between .004 and .007 unless they PR something good, AMIH hasn’t said shit about this deal with COSM. Even COSM is tanking from $6.00. This is a mess but there’s still money to be made. If the COSM doesn’t give AMIH money or shares and the A/S gets maxed, look out below. This will tank. It’s no mystery why people are hesitant to hold on this drop.

[tchalla]

because it was probably never "on" to start with. this has been an orchestrated pump and dump led from the inside out. the company has probably tapped out their authorized and already filed to raise it. that is why shorts are all over it. headed to trips in the next month most likely.

[amc]

It's just FUD from people trying to get cheaper shares