Replies to post #278 on Maptelligent Inc (MAPT)

[Audiboy12]

I think your right! there setting up for the run. This thing is going to EXPLODE when news drops. I can't wait.. I'm holding! Get in while you can, I think it will be to late after the press is released

[foxhallfred]

Yeah, I too believe they are eventually going to do something here. For me the troubling part is that when you increase the A/S, eventually they find there way into the float. 7 billion is a pretty big meatball, that like a 2300% increase in shares.

[trendtraderz]

Now theyve created a bunch of preferred classes of stock. I would tread cautiously here. With the formation of the 3 preferreds some may be convertible (the 50M preferreds)and some may hold voting rights (majority ownership)i.e. the 1M and 1,000 preferred classes. The creation of these also lends itself to the notion that the 7 Billion newly created commons will be used for raising money i.e. dilution. We all know how mining companies need capital on a very large scale basis.

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