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SevenTenEleven

06/12/10 7:36 AM

#125738 RE: bobbybdb #125715

FFGO - Whether the increase is to help relieve the remain debt or not, it doesn't mean the increase will hit the float.

That is unless the company decides to issue shares at or above $0.003 when the MM's who are short are begging for shares to minimize their losses.
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timetomakemoney

06/13/10 5:12 PM

#125809 RE: bobbybdb #125715

Do you have a link to the increase? And Why did they increase the AS?
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TomSawyer

06/13/10 10:23 PM

#125837 RE: bobbybdb #125715

My guess is they give the 10B shares @ $0.0001 to whoever is buying the interests (shares in the mining company).

Once deal is announced/closed.. the buyer sells their shares for $0.0003 and makes back some money on their purchase.