InvestorsHub Logo
icon url

mCMATT

07/03/12 10:53 PM

#18408 RE: Iy007 #18407

they dont convert shares to cash. They are simply issuing "restricted" shares for acquisitions.
icon url

steelerfan7

07/04/12 12:58 AM

#18415 RE: Iy007 #18407

PRO UNQT! But, there is a little evidence that they converted just over 400 mill shares to cash generating assets sometime in April. Which is not a bad thing. At least it is not the D word. It looks like it, but, alas, no. All of our new assets are growing. But, I am ready for this thing to grow a little. Been very patient, and it is time. Thought Fridays news would make it grow a little more on Monday. But, a little is better than none. And, u are right, it doesn't matter whether it is 7 or 70 bill. As long as they are "exchanged" instead of the big D, it is fine. I think they are bringing fresh new money into the company and it is a good thing. Am a little worried about the par value of the stock though. What are yalls thoughts?
icon url

4xy62

07/04/12 9:02 AM

#18417 RE: Iy007 #18407

Nothing but a bunch of B.S.

Can anyone out there PROVE ANYTHING is being sold out of these restricted share purchases?

How about SALES!!!!, ya know money from the products from these Companies when purchased, might be kind of nice to know. CASH ASSETS, WHERE ??????

Just another move by an EX/CON. Sorry, somebody show us the MONEY!!!!!LOL

And all of this S/S HYPE from the TA signing off to the Lawyer and now all is good cuz the CEO said so.

Good thing Pumpers have today off, they gotta be tired.