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Serael

07/31/12 11:15 AM

#24970 RE: smoke_em #24969

Dilution without PR ?

And increasing O/S is not the same as selling shares into the market.

So you don't have any proof that selling into the market happened.


With following statement I agree

they need to be open with investors about this O/S sitution.

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MMStockPlay

07/31/12 11:17 AM

#24972 RE: smoke_em #24969

All dilution was done through Private Placement on un-registered CERTS. The shares are not tradeable. Do your DD, and you would know that. How can they dilute 230 Million shares to the open market, on only 260 Million in volume?! Don't play dumb
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Calculated18

07/31/12 11:17 AM

#24973 RE: smoke_em #24969

Just because the O/S increased does NOT MEAN THE SHARES CAME TO MARKET.

You don't know what those shares were used for. Perhaps more private placement like the original 11. Perhaps in a share swap deal. Perhaps for services. You don't know that they were sold on the open market. The word dilute means two different things in trading and what you're implying is that they sold shares on the open market to raise funds. Well you don't know this is true and I don't know its false, but there are many other possibilities as to what it is. It's just easy for you to scream a certain word because you made a bad investment decision.
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MMStockPlay

07/31/12 11:18 AM

#24974 RE: smoke_em #24969

About as solid as this call - Called .05 in early March...