snakecoleone, you are believing what you hear;
but PR.. we've bought 50million from tradable share... tradable float is 100million... we have proof the stock is being NSS'd.... we also bought back 200 RME shares and plan on buying them back monthly....
The company knows that you cannot verify any of that. You also state that you have the only proof ever of a NSS on a penny stock. Please provide a link.
I believe once the 10-Q comes out on January 14, 2009, opinions will change regarding your assumptions. Remember, everyone else wants you to buy and hold and never sell; consider that they may be saying things so you do.
I believe (as do several others) that RM has sold stock according to the SEC filings. Could they be selling and replenishing at 40% discount to market? If they issued over 400 million to themselves and reported 257 million it is possible that they issued themselves 800 million and PR'ed 660 million? Also, if they buyback 660 million shares and spend $13.2 million of SPNG $$$ and put the money in their own pockets; what is to keep them from selling those shares to themselves again?
Some are getting caught up in the hype. IMO SPNG would not trade with such a tight spread and so many trades per day if there was no stock available to trade. You can hang your hat on NSS for so long until logic and facts move in.
Good luck.
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