Medinaminer you have succinctly captured what I tried to impart to readers of this forum.
No wonder they went out and got a bankruptcy attorney who sidebars in securities law. They will need his main specialty one day.
But the fancy lawyer words they use in their press release are pretty good at snowing the average penny stock investor. While giving them a legal out if securities fraud comes calling.
I wish I would have done a little research before I invested last year. But that's what happens when you take tips from friends who you think are on their game.
It seems like the pumps are having less effect now. I still see people blaming mm's & shorts. Silly.
It seems like it will be stuck around a dime for some time, even if they main stream pr a funded deal. Because there is no there there when it comes to the buyout.
No real money, more worthless stock and many promises broken from the share holders meeting.
Hey if you don't have to...or want to announce your supposed major miner's name, you can fool 'em for a few more months.
Big question is why is there any buying at all? They must be paying for promotion somewhere. This isn't all word of mouth. The company is too shakey for all but the truly uninformed or the brainwashed.