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Cassandra

08/29/12 5:00 PM

#161175 RE: SammyTheBull #161162

That's typical for PK dilution machines like BBDA. The CEO's do it to give false confidence that they don't plan to dilute.

They dilute into the ground, do a reverse split and repeat. If the SEC starts cracking down on the financing companies doing the bogus 504 deals, perhaps these CEO ATMs will start to dry up.