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oilin07

03/22/12 4:41 PM

#15518 RE: MAX NORTON #15517

I would bet Industrial Client deal fell through. Why would there be this much selling or need to dillute if a huge contract was about to come to fruition? Anybody?
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mdimport

03/22/12 4:46 PM

#15525 RE: MAX NORTON #15517

You're wrong. The week after the R/S takes effect expect to lose 70-80% from the R/S price. I've just watch this happen with another stock. Their market cap today is $13k post R/S. Original shareholders bought in when with a market cap of $1.3M.

I don't have a problem with .0005 after losing 80% in 3 months, a R/S would not have driven this down this fast lol