And you know why equity is up right?
Of course 'equity' is up, they just finished diluting existing stockholders ... again ... by printing more shares and selling them for 'equity'.
However, AMEX seems to be on to them.
How long will it take to throw these fresh millions down some holes, then sell the properties they dug the holes in for pennies on the dollar ... again?
Were the shares they sold this last time around nicely discounted, perhaps with some warrants (which do have monetary value) thrown in ... again?
Same tunes, different flute player.
Play the pops!
jonesie
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