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chunga1

08/03/07 2:11 PM

#8870 RE: _anonymous #8869

do you mean the float?...o/s can only decrease if the co buys back/retires shares
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SPIN

08/03/07 2:13 PM

#8871 RE: _anonymous #8869

perhaps in theory... but of course that assumes the 2 variables, and only the 2 variables, exist in the abstract.

here is some reality depicted visually -- and underneath the happy sounding PRs here is a brutal and ugly story of rather ordinary hubris and avarice and deceit.

when weisel first IMO lied IMO to investors about how the $2.8M Cornell financing was "fixed" at $.40, the stock was around $.20 (split-adjusted) and moved to just under $.40 in the next week or two thereafter. the stock is now less than 1/8 of that, down about 85%+

compare that with some other companies that IMO Cornell helped to destroy. i can only wonder just how many of those companies were legit, and how many took the Cornell cash to fund their piggish greed, and used average investors to accomplish that.


http://www.yorkvilleadvisors.com/portfolio/Domestic_Transactions/index.asp?Section=3,0,0

http://investorshub.advfn.com/boards/board.asp?board_id=9964

where did the ABB settlement money go?