An RS isn't going to happen any time soon as they have 1.1 billion shares to go. If you are worried about a printing press, call the TA every couple of weeks and keep track of the OS. If they won't tell you, then run for the hills.
As for this being good or not, depends if they actually produced any energy or not. Depends if MM can make the market a believer in what they have, not just Tank and the other longs here.
Hello to you as well. As you can see, I've not been on the board very much, as I am taking 35 days for a family vacation with the wife and son.
I personally am not sure what is going on. I still own every share I have been buying since Sept '10. And I even bought 500k shares the day that last PR came out.
A R/S could be good or bad, it all depends on HOW it is done. Look at AIG did when they did theirs...it went from $4/sh to $40 something a share, right? They could do a 1-500 or 1-1,000 and turn the price upwards...but typically when a pinkie does a R/S, they take the price back down. But IMHO, I do not think they would want to take the price down because they would be loosing money on the shares that survive...no matter how ya look at it. (not to mention I'd personally be pissed if that happened because I have a lot more shares than most on here know about.
No, IMHO I do not think it is a bad investment! I'm still behind Michael Mills and the PSGS and how it can very possibly revolutionize the energy sector as we know it!
There is/has been, a lot of various discussions as to what is going on with IHAI and Carmil Energy. The pr that was recently released did in fact confirm what some of us longs on have been stating...there is a deal between Innovative Holdings Alliance, Inc and Carmil Energy. And things still appear to be going as we all anticipated with the confirmation of the 1B shares. I'm still long with IHAI due to my beliefs in the PSGS technology. The unpublished patent is my key holding point...that piece of the puzzle shows me that the technology is real...hence the already issued unpublished patent number!