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PennyWorld

02/13/13 7:06 PM

#935 RE: Uranium #931

Uranium... All I'm referring to is a conversation that I had with the IR guy a few weeks ago. He made it clear that they need to sell more shares to keep funding the company because they have no revenues per se. Per the IR guy they are waiting for the PPS to get UP their so that they can dilute (sell) which of course will drive the PPS down and > the O/S. My guess is that they have been selling into the .18 PPS which has pushed the PPS down. More selling to come IMO. I'll buy again at .10 but I'll sell again at .18. This stock has no income statement yet so I'm not doing anything over the long haul. Too risky.