SirFelix: 90,386 MHUI shares traded today. Prices ranging from a nickel to a dollar.
It seems that 4 Billion MHUS Shares may have been converted to 400,000 MHUI. Even if the entire 8 billion A/S was dumped to us we still should have an O/S today of only 800,000 shares. Each MHUS share was worth $1 post split MHUI. Did they keep the A/S the same? If the company plan is to continue dumping then .20-.40 looks like a better place to sell than sub-penny. But selling shares at these levels would prove foolish if there is a non-dilutive mindset/plan for the future. What is the company plan? Buying up the float or dumping freshly printed shares into the now low O/S? Has anyone talked to the Company? Are they in seclusion? I could understand it if they are. Answers? Anything Constructive? TIA ~ASW~
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