It is my opinion that based on the pattern of trading prior to the first Traders Nation Interview but after the first PR announcing the supposed "buy-out" that this was essentially a pump and dump!
(1) Sandy had 504 shares registered.
(2) Sandy stated that the response to his very generous offer to convert our "free" preferred shares into restricted common shares for a price was poor (no big surprise there)
(3) Sandy sold 504 shares onto the open market to compensate for the poor response stated in 2 above...
(4) CMF clearly (highly suggests) dilution has taken place.
(5) Sandy clearly stated that the OS was approximately 15 Billion with a float of around 14 Billion. Regardless of whether this is an estimate or not, the estimate is higher than it should be, and the restricted common shares (small amount added as a result of conversion of preferreds) would not result in an increased float.....either way, these numbers negate any effect of the supposed buy-back of 1.667 Billion shares!
My opinion, but I would be willing to bet on it!
Time will tell....or will it???
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