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Almost retired

02/06/12 2:37 PM

#59220 RE: Carjockey2 #59216

Wow CJ, surprised to see this post.
Your right though. Really sucks but it is what it is. I hope you saved a little money for IF we ever have a confirmed reversal.

I'll bet you've had a few sleepless nights as well?

Your fortunate to have understanding friends, the ones you got involved here that don't hold you responsible.
Only one of my friends bought shares on my recommendation, kinda worried to see them again :(

Knuckles42

02/06/12 3:01 PM

#59222 RE: Carjockey2 #59216

Just got back from Indy. Wow what a game. GO OPMG

Dannyboy4

02/06/12 3:24 PM

#59224 RE: Carjockey2 #59216

Another reason OPMG is most likely NOT diluting..

Keith St. Clair (The Big Company)

Issued 18,000,000 shares of common stock, 37,000,000 one-year warrants exercisable at $0.01 per share and 25,000,000 one-year warrants exercisable at $0.02 per share;

Similar pre-emptive rights as the Bieber Group although not keyed to a percentage



Keith is getting x amount of shares, not x percentage of company, as noted in the quote above.. " not keyed to a percentage."

Therefore, he will be affected by dilution just the same as us. The anti-dilution protects him from losing money, by protecting him if shares are sold below the exercise price. So he will not lose any money if the stock goes down below .01/.02, but he won't gain either. Keith has x amount of shares, and will only make a profit by selling them above .01 & .02 per share.



OPMG

Lebbe1

02/06/12 3:25 PM

#59225 RE: Carjockey2 #59216

If that is the case, I will be really disappointed (I wanted to write something else... :) )

Phoneguard is promising us 'guns blazing campaigns' since August 2011.... Seems long enough, it is time to deliver now.

Promise after promise was not kept by them. I hope they realize how many people they pushed in buying more in order to average down and everytime needing to buy more in order to average down even more. (And it's still continuing...)

A lot of people will lose a lot of money, just because believing all promises made by St Clair. I hope he realises this!!!