Replies to post #14218 on BioStem Technologies Inc. (BSEM)

[gratitude]

Hmmmm, am I????
I have to admit, the company is gooooood at putting things in perspective: they are raising the O/S by 50%, but it is presented as a share bay-back program. Hahaha, that's rich.
Of course, under R144, the shareholders will be prevented from selling for 1 year, but with a falling PPS and the time which flies so fast, who is going to benefit from it other than the company???? One year down the road, the PPS might be at 0.000X and the O/S will be at least 50% higher - shareholders lose.



press release
Oct. 27, 2010, 3:24 a.m. EDT

Caribbean Casino and Gaming Corp. Offers 3 for 2 Share Conversion Guidance
MIAMI, FL, Oct 27, 2010 (MARKETWIRE via COMTEX) -- Caribbean Casino and Gaming Corp. (pinksheets:CGAQ) announced last week that they will continue their Stock Buy Back Initiative with a 3 for 2 Share Conversion where the company will issue three (3) Regulation 144 Shares in exchange for every 2 free trading shares owned by shareholders who wish to participate in the long term investment of the company.