where do you think he is going to get the shares from to buy back?
are you going to sell at a lost? he sure isn't going to give up his 20 something billion shares. that leaves u the retail investor.
which means he needs at LEAST 10 million bucks. i mean AT LEAST cause retail investors are not going to let go of their shares until they AT LEAST BREAK EVEN. which i am assuming the lowest pps is around .005! and thats if frankie is lucky!
That's right, and it's alarming. Experienced investors are not going to flock to this stock as long as the CEO is secretly diluting it and misleading shareholders, like telling them the company was 'fully funded.' The nonsense has to stop. Does Frank get it? I wonder.
Good point Dk.I would buy quite a few hundred million more If i knew Frank wouldn't raise the authorized again or keep up the present dilution but you dont know.The present dilution is killing the stock.Next week we will see .0003 or even .0002!!!I would have never thought we would see these levels (geez i guess thats why i bought alot higher!!!)