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PhlipSky

11/29/09 11:24 PM

#66718 RE: NioStar #66703

12.6% dillution in a month, sept. After 2 months, it revealed they have been selling on high prices, 80M alone in september. I wonder he still has his courage to blame shorters.
Everything shows, DF is playing with us. PR out, then sell. No shorters sell short on 6M contract PR. It's obvious there are someones who are very determined to sell on the PR knowing where pps goes at that moment, Biocentric. Remember 40% down on the PR? Do you guys still think DF cares about current share holders? If I were DF and need money and have to get capital from playing, I would probably do, but no destroying -40%.
Until he shows creditability, this stock is not worth to go long, I think.
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From Pinksheets.com

#
Estimated Market Cap
$9,609,377 as of Nov 27, 2009
#
Outstanding Shares
636,382,584 as of Sep 11, 2009
#
Authorized Shares
750,000,000 as of Aug 30, 2009
================================


From Nov 27 filing ending 09/30

710,505,685 common issued and outstanding, including restricted
250,000 Series A Preferred Common
20,000,000 Series B Preferred Common
5. Description