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Geegee678

01/18/24 11:59 AM

#161624 RE: 1kgwxman #161622

Isn't it embarrassing to speak like that without being certain of the truth?

Starlost

01/18/24 2:21 PM

#161641 RE: 1kgwxman #161622

I don't think any seasoned trader on the OTC needs to prove anything. It's pretty much a foregone conclusion that OTC CEOs lie, obfuscate, withhold information in order to benefit themselves in one way or another. They are the single most biased source of information. So, to assume all CEOs tell the truth to shareholders is pretty naïve.

Prove it..."...He already admitted he purposely withheld information from shareholders..."

surfkast

01/18/24 2:38 PM

#161644 RE: 1kgwxman #161622

George Sharp - zoom call/reverse split

" We received a number comments about how, ah, some...certain people would have wished that we had announced that we were going to do this reverse split sooner…in other words, we should have told you a week ago or two weeks ago, ah… I made the conscious decision that we were not going to tell you and I will tell you why – it would have created mass panic, some of you would have sold your stock, which is fine, but the problem is, with that mass panic instead of selling your stock at a dollar ninety cents, eighty cents seventy cents you probably would have ended up selling...a lot of you selling it for forty cents. So…ah, I don t want to sound…ahhh… like I m your mother but we saved a lot of you from yourselves here. The other issue is that this reverse split also forced any short positions to cover and I think that is what you saw today…a lot of the short positions covering. And…ahh..we didn't want to warn those shorts that this was coming at all.