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metrolane

05/14/08 8:59 PM

#16823 RE: droll7 #16822

Yea, I remembered just about the time I hit the send button about the r/s. Taylor, however, KEPT HIS PREFERRED therefore, the a$$ still has control of this company the way that I see it.
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iwant1mil

05/15/08 1:28 AM

#16828 RE: droll7 #16822

A R/S does not reduce the A/S. If it was 100B pre R/S then it is still 100B. This whole stock is a joke. Too bad you new guys fell for this scam on its second cycle. They didn't even have to spend a dime releasing fake PR's and you guys still bought in. You guys are makinig it too easy for these crooks.

Stock 101: The reason scam companies do a R/S is so they can sell new shares at a higher price to new suckers. This means the pps will never increase and no one makes any money but the crooks running the scam company.
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mAjOr dAmAgE

05/16/08 1:43 AM

#16835 RE: droll7 #16822

Authorized is authorized, it doesn't change when a r/s is done. But in this case, they changed it to 20,000,000 right after the r/s.