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DRock3284

06/21/12 7:31 PM

#23706 RE: invesdebater #23702

A great addition to the list. I would love to hear a legitimate response to that, but I also don't expect a reasonable answer beyond the typical claims of "scam".
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mdimport

06/21/12 7:49 PM

#23711 RE: invesdebater #23702

I'll answer your question:

1. Management needs to rescind the super voting shares they awarded themselves
2. When good news is released don't dump bad news on the market (O/S or A/S increases for example)
3. Communicate honestly with shareholders

With respect to manipulation: no-one has manipulated the share price all the way from $0.034 to $0.0003. It's not a credible argument.

The reason the price dropped from $0.034 to $0.0003 is:
1. too many shares relative to demand
2. Valuation (assets, revenues, etc.) on a per share basis are worth less on a per share basis the more shares there are on the market. That's the impact of dilution.
3. Company is losing money thus forced to issue more shares (see 1 + 2)
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Coolman138

06/21/12 8:07 PM

#23715 RE: invesdebater #23702

you may not be right on the point more than that.
Definately investors should listen to fancy turn around stories of management over one and half years with share price sliding from 09 to trips and investors losing their shirts while management linning their pockets by selling shares through their cronies VCs.
Or
investors should listen to pumpers (helping the management to sell shares to innocent investors ) to gain confidance while share price sliding from .015 to 0003-0002 over past 5 months. one of them (pumpers) has admitted of being compansated. another one who has disappeared now, but confessed before disappearing about his act of selling his position while he was pumping the stock through sky.
doing acts for personal gains may not be more obvious than that.