InvestorsHub Logo
icon url

4keywest

08/21/08 8:43 PM

#15690 RE: StockGrabber #15689

dilution is not a given. its up in the air and no one on this board knows if there will even one more share in the float to dilute.
icon url

mikeyk

08/21/08 9:44 PM

#15692 RE: StockGrabber #15689

First the vote needs to happen still not a given, but most likely approved for the A/S increase. Then they still need to be coverted if requested to cover the warrants and debentures. If converted to stock, then per agreement the shares need to be held at LEAST 6 months to 1 year as per contractual agreement. So in all reality we should not see a single one of those new shares for at least another 6 months and 2 weeks at the very earliest. The biggest problem is keeping the share price so low causes the company to have to issue MORE shares to cover their agreement, there is a table in the 10Q that shows how the share size keeps growing do to the falling PPS. This is what the MM's are banking on, but it creates a financial hardship on the company because they now have even fewer shares to finance any new debt with shares. Great for the MM's, more shares to keep the trading volume high, bad for the company because it slows its ability to grow.


icon url

valleyboi0

08/22/08 5:59 AM

#15709 RE: StockGrabber #15689

Exactly, scarce shares should cause this to rise on very light demand. But if they allowed that, which by the way is normal market conditions, .. then your description of things might play out.

However I beleive there would be less volume overall as right now most ppl are in at .02 or better. There are a few who are in lower but not enough to generate volume. There is simply not enough buzz ...

They can generate lots of volume when shares become available after the meeting in which MMs can force the full 1.5 Billion by simply keeping the price down here. Then, after, they can supply the shares to keep up with any demand, UTing for every buy for a short run up and no FTDs. Then do it all over again by DTing it to death and cause a lot of selling ...

These guys live on volume.

It can be done in sooo many diffterent ways. Never the same tactic all the time. Otherwise it would be too easy to spot.

AIMO of course