Replies to post #83947 on Ifinix Corporation (INIX)

[forgreen]

This proves they have sold for below the lowest possible bid before. It makes it comprehensible now to see how their selling of billions of shares in recent months could have been done at rock bottom prices perhaps below 0.0001. That can generate great inertia in the stock because if somebody gave them $100,000 to buy 2B shares at 0.00005 that seller can progressively unload them for a quadruple at 2 or, at worst, a double at 1. The seller makes their $100-300,000 gain while the company pockets $100,000. Seems like a small amount for that kind of massive dilution, but they've done it before so I don't see what would stop them from having done it again. This puts unnecessary selling pressure on the stock. The stock tanked after they promoted it again this Summer. I don't think there is any doubt why.