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davidam

01/24/11 4:08 PM

#41149 RE: Sola Fide #41148

Illegal? A promoters main investors are handed a stock to do DD on they like it and buy it. That's illegal? Wrong!
By the way all the punp and dump promo companies front load all the time with their boyz. I think this one is different and once again one of the unique qualities. They are not involved in writing PR's so they don't know what the news will be either. May not provide that instant gratification but I think this promo venture will prove a success in the end because the company has real developments coming and the word will get out to a much larger audience
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investlite

01/24/11 4:10 PM

#41150 RE: Sola Fide #41148

It wouldn't be insider trading, the promo is public knowledge.
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Threeflight

01/24/11 4:15 PM

#41151 RE: Sola Fide #41148

I don't think David was suggesting anything illegal lol. In fact I know he wasn't. That being said, it is pretty common practice for promo companies to get some people in ahead of time that can help push the stock. Have no idea if that is being done here or not. I highly doubt it.

However, I am just astounded by the companies belief that IHUb or a promo on the cheap alone can take this stock price up. It is not going to happen. A good promo can not only spike the stock, but it can bring in new investors who can then tell other investors, who then start to DD the company. Setting the stage for a long, more prolonged run after the stock has the first spike and dip. That is what I feel the RTGV folks are not understanding. They have always just tried to slide by imo.

Instead of worry about facebook, or anything else like that, and running that in conjunction with their own promo, it has always been my contention that the company should spend the money, or the shares, to bring in a top notch promo outfit that can take this past .10 on 10's of millions in volume everyday. And there are companies out there that can do that. You will get a price spike, you will get rid of the flippers down here under .03, you'll get literally thousands of new people aware of the company, you'll get a huge price spike (and a dip) followed by what I believe is a prolonged uptrend on great volume. Then think of the acquisitions or financing that could be done with the stock at .10-15? Would be SOOOO worth the money spent on the proper promo. Instead, we have....I don't know what we have with this promo to be honest. I know we are at a yearly low. In January. On the day the demos are starting. That pretty much tells me all I need to know as far as the effectiveness of this promo so far. Hopefully that can improve.