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stockintel

03/11/13 6:11 AM

#1634 RE: feel-free #1633

Its a manipulated stock. Most of the time, insiders that own millions of shares are making money by dumping the shares they have to new suckered buyers. Buy shares, just enough to keep the price and interest high enough, so they can dump the rest of the millions of shares given out. It's a fine line of not crashing the stock price, and keep suckering more people to invest into a company with 25 million in debt. Better yet, get some new guys that invested into the company, and new acquired companies to get their network or users, family and friends to sucker even more new people in their network into the game.

I've been monitoring the volumes with asks and bids, and you can see there is a a lot more real people dumping the stock than buying it. Remember, getting out of the hole of their debt will require a serious amount revenue growth today and revenue projections for the next few years before the company has any Price to Earnings ratio. I would expect at least 1-2 years minimum to see how all these new companies they acquired ( gave massive shares to ), will perform. I am suggesting a massive sell at this point, as it will most likely drop below 1 cent, then you can watch the progress on their new website, and other items. If they can execute on those, you will see the changes in the product, and then you can invest at under 1 cent. It's not likely any real good news would come out any time in the next year, or they would have published these financials. Highly doubt that they stalled publishing good revenue news. More likely they postponed releasing bad news, and get creative with the numbers and headline news. Hopefully, 2-3 years down the line, the new companies that got acquired, begin to use their skills and build the company from zero again. Again, its a massive debt hole they will need to crawl out of, and revenue is the only thing that can do that. Not just press releases!