Replies to post #4993 on Shamika 2 Gold, Inc. (fka SHMX)

[1manband]

Unless that is a fake bid put up there by Asher to entice people into buying at $0.0003.

for the toxic convertible holders, this is not a sprint. It is a marathon. They need constant and steady volume to unload their shares. 2.77 billion new shares is a LOT of share. They can't do it all at once. They need to parcel it out slowly and milk it for maximum returns.

80 million on the bid? Just a drop in the bucket for them when you have a 2.77 billion share swimming pool to empty (which will undoubtedly be refilled by the Company again and again, as Asher and Coventry are their sole sources of cash and SHMX is flat broke)