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Aware

11/04/07 12:37 AM

#32007 RE: luckydude777 #32005

Really?
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makesumgravy

11/04/07 11:45 AM

#32011 RE: luckydude777 #32005

I gotta say that the market cap which was, and we have presently is something less desirable than what was. Its a crazy way of viewing it but take a look at this. If we stay on this course there is no way around this not occurring less we are looking at more than 10bn shares??????

This is 7x the poplulation of China.

Anyway just to give a look at this perspective, and what it will eventually mean to everyone here if Berman does not get a hold. This will be the eventual, and any Ceo that even proposes 5bn a/s needs to see a specialist when he believes the ends will justify the means to investors.

This doesn't appear right to me, but I guess it is.........we had $1.7mn when at .001.

We get 2.6 bn o/s, and we have $260k at .0001

We get $300k at 3bn


At 10bn we recover $700k or $1 million in mkt cap.

To get back to $1.7mn at .0001 investors would have to buy $10.7bn shares of stock......crazy math.

He will have to sell 700mn more shares to get to this 2nd million off this 504.

Ponder this if this is true?..........Berman runs this to $10bn shares..........if he can sell it?. The year of his 504 has ended.

He presently has and additional 150mn restricted shares. If he times a r/s after the 10bn, and depending on many more restricted??........Does a r/s, sell those restricted after the close of the 504 and we begin to see what can really happen here.



R/S back to 10mn or so with a 10000/1.........start anew 504 and whatever shares he has restricted by then, at present 150mn. Create another 504 during this process and new symbol and cusip with only he having new certs, and only he with the ability to sell and whoever else he wishes to give new certs to?.......Investors would be on the side lines and could only watch it all evaporate.

There is no way I repeat no way he can keep this up before this train derails..........If he cannot figure out something else more than what he is doing and wanting to make this work, as this continues it gets worse and worse. Less this is really his plan then he will continue down the road to no return.



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makesumgravy

11/04/07 12:07 PM

#32012 RE: luckydude777 #32005

If he cannot figure out something else more than what he is doing, and wanting to make this work, as this continues it gets worse, and worse. The selling has to stop, and a/s needs to now meet what is the o/s, and at 2.6bn is alot to ask the market to accept and now its over 3bn. In time it just won't matter anymore.

It will be either the regulators, a law firm, or even just the broker or brokers that restrict it from buying, this really gets to be a dicey situation, and any of these 3 scenarios will be out of Bermans control. No one is going put up capital just to lose it, and the control of not being able to trade this. Get on one of the Brokers no buy restricted list and it could remain there forever in a day, and some I see never will get off it. No buy/No sell is like being sent to the Rock.

Less this is really his plan then he will continue down the road to no return. The only winner is him and the only loser is all of us with zero chance of ever seeing even a remote chance of recovery.