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e-ore

02/15/09 12:45 AM

#3189 RE: uranium-pinto-beans #3188

The other side of the share issue is BIEL. They make a viable product, have revenue, but not enough to cover expenses. So they pay for services rendered with treasury stock. Investors get stock also. Now they are maxed out on the a/s. A good thing you might think? The chart says no. It's obvious they are going to have increase the a/s or raise money some other way (how, in this economy?). So it's been sold off in anticipation of the dilution, imo. It works both ways. I still say that dilution makes no sense here. What could they have made, $25,000? $50,000. It's chump change.
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EDWARD STEVENSON

02/15/09 12:52 AM

#3190 RE: uranium-pinto-beans #3188

A company that had no business renewing it's listing status on Nevada SOS to "active" oh-so-suddenly does just that (a matter of $$$ cost).

In turn Atwell takes over in an effort to steer the company in the right direction and immediately acts by seeking out acquisition target(s) that would profitably outfit the company's business altogether.

The A/S situation has already been adressed. In turn it makes logical sense as to where the company is headed and their plans. In case you'd like to review that topic: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35621108

This is yet another statement where one seems to have been caught with his "pants down" as they say...
This stock couldnt move when the a/s was 500 million SKYF moved from .0002 where it rested nearly volume-less on the 29th of January, to .001 on the 30th of January when buys began hitting the security. The point here in turn remains, how could a chart player have possibly missed a move of such nature.

In addition consider consulting a historical trades tool and administer the buy to sell ratio that was seen on SKYF from friday's trading session? You'd be quick to suspect a buy to sell ratio of >2:1