lowhangingfruit - Here's one that could/should expidite SAPX's doom bigtime IF TRUE.
Remember that PR that stated that PH was issue 35m shares to insure the payment of a loan of SAPX ? Then another PR got released stating the 25m shares was in payment to PH for monies owed to him.
WHAT IF - I don't know it to be true here but it happened to me once in a different stock many years ago - BUT WHAT IF it come out that common shares held by officers of the company were EXEMPT from the 1/70 R/S ?
A reason why I think this is because before the R/S they let it be known that there was a intention to issue 15m shares AFTER the R/S to get funds. Presumably from one sourse. That would be similar to selling the company. PH is not going to give up his ATM. Or PH sees the writting on the wall and is getting what he can before the collapse. Soooooo untill a filing gets posted as to the number of shares out AFTER the R/S I'm thinking that could be the case. If so WATCH THE PPS DROP BIG.
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