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overachiever

03/19/10 2:23 AM

#12363 RE: thomodachi #12359

What I am saying is the current dilution isn't that bad



Isn't that bad? LOL. They have issued almost 9 billion shares in less than 6 months. A billion of which have come just since they announced they had a deal. That is extreme, excessive and likely illegal.
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greedy__malone

03/19/10 2:24 AM

#12364 RE: thomodachi #12359

I am not completely ruling out that this could be the penny stock scam of the decade.

No, that belongs to CMKX. Much like this there were plenty of believers who rode it into the ground.

What I am saying is the current dilution isn't that bad and could have already been part of the agreement.

LMAO!!!! What company would be selling stock at .0018 that has a .01 price tag on it? Really?

I tell you what. How many $1 bills will you sell me for 1.8 cents each? Because I will buy all the $1 bills you can scrounge up. It makes no sense. Nobody is going to let these shares go for .0018 unless this is total BS. Simple as that.

It's not going to be some outrageous amount of dilution everyday

You are right because the interest is going to fade just like the share price as this gets closer to April 10 and people start putting 2 and 2 together. Don't worry there will be plenty who refuse to see it no matter what.

When a legitimate buyout is announced the stock price immediately adjusts to the buyout price. The market will value the buyout at the agreed upon price or very close to it. A .01 buyout that sees stock selling for .0018 is simply a joke.

I guess some people realize that and some people just do not.