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Parabelle

02/04/13 2:39 PM

#14782 RE: Devilsjoy #14781

My guess is Maryjane! LOL
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Det_Robert_Thorne

02/04/13 2:45 PM

#14783 RE: Devilsjoy #14781

IMO, we're seeing the early stages of dilution

My educated guess is that Iroquois is beginning to convert the $337K debt it's owed (this month) and is running the price up a bit so as to maximize their profit. This run-up in price is designed to entice new buyers to buy the shares that Iroquois wants to sell.

I wrote the following back on Dec 31, 2012:

Some here may be able to take some profits if Iroquois decides to run the price up for a day or so before beginning to convert the remaining 2012 notes and sell the stock.


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