Replies to post #63820 on Options Media Group Holdings, Inc. (OPMG)

[sang k]

Justin Bieber And His Umbrella Do Anti-Texting PSA For PhoneGuard: Watch

http://idolator.com/6196731/justin-bieber-anti-texting-ad-phoneguard-watch

[stockjuicer]

RE I really don't think St Clair is doing anything detrimental to PPS on purpose. I'm sure early on St Clair, Frohman, and a few other execs put some of their own capital into Phoneguard when they first purchased the license. But now here we are almost a year from signing Bieber and still no influx of revenue. I doubt they thought they'd be this far out with no rev. They then went out and lured other big players to the board seeking more capital. Now, either they've gone through that already or didn't get as much as they hoped. Common sense says there's dilution going on. There's no other way to keep the company afloat until there is actual revenue. They are burning through cash daily. Our only hope is they can keep the company alive long enough to see the light at the end of the tunnel. Past successes does not necessarily mean failure is not possible.

Shouldn't there be some paperwork to account for the proposed dilution theory?

"If Frohman or other insiders were diluting or dumping shares, they would be required to file a form 4 with the SEC within two business days. I checked today, there are no form 4s registered." - sillywog: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72459312