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MarketGeometry

06/04/10 6:48 PM

#138684 RE: Porgie Tirebiter #138682

why don't send these question to IR?
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Bigdogs

06/04/10 7:12 PM

#138687 RE: Porgie Tirebiter #138682

If I were you I would focus on the Warrants.
Shorts are going to be bankrupt once Dean puts the Green light on

This is going towards .50 in the next few weeks IMO.


A couple points that need to be looked at by everyone from this CC. Dean stated 100 mil shares had been given to the lender to secure $10,000,000. That is an average of .10 per share. Dean also stated that the lender has warrants that start North of .20 In phone conversations, Mr Newby said he had warrants at .25 and .50
I never claimed to be the smartest guy but if he is taking shares as collateral at a pps of .10 and has warrants at mugh higher prices, looks to me like he knows where this should be valued at and where it is going.