Replies to post #3888 on Metro One Development, Inc (MTRO)

[charhorse]

Sir
They effected a reverse split on Nov. 15 2007 50:1
This reduced the o/s shares to roughly 11.4 mil.
They have increased the o/s 42 fold since then.
In 4 Months
478,358,571 Do you really consider that to be minor dilution?
Small,small dilution?
I will admit that it can't drop much more.
I believe they knew this wasn't working out in the middle of 2007, but they kept up the fairy tale to allow new shareholders to pay off as much of the debt as they could get away with.

http://www.ipdatadepot.com/stories/2007112616.html

Without another reverse they could not have paid off the debt with Dutchess, there wern't enough shares left.
I really don't wish you any ill, I hope you do make a profit, but please don't for one minute delude yourself that this company will ever take shareholder value into any equation they consider. They have proven through at least 3 reverse splits that investors are merely a tool to be exploited.
I have backed up every statement I have made about this company with facts and filings, I've read every one since I bought in (I like to call it black Monday)

[charhorse]

What is unfair?
That I posted this portion of the filing, or that they increased the o/s so much?
This is public record.

[charhorse]

They are not a pinky, They are a fully reporting company listed on the otc.bb
With audited financials and all the associated sec requirements. I'm not trying to pick on you.
You have to get the real picture

[The Real Titan]

ol doc, I can appreciate your intentions, but I must beg you to understand why those of us who've been on this board for quite some time, some much longer than others, harbor such resentment towards the company.

Is there a chance, sure I suppose there just might be. But given the past history and the propensity of the management to hold NO regard for shareholder value EVER, then its not likely this current smoke screen will offer any different type of result.

The only thing this company does is sell shares, plain and simple.

But Good Luck to you however you decide to approach this stock!!!