InvestorsHub Logo

Russ49

03/27/13 12:23 PM

#32543 RE: Eagleshine #32540

When I first heard about the reverse split, I thought OH Boy, it can drop more. I was pissed. That possibility still exists, but why would they do that? These guys don't want to make less, they want to make more. So, something else is going on. At .0002, a million shares is only $200. Give me a break. Also, the authorized shares are almost gone. They either had to issue more, or do the reverse split and keep the authorized the same. But, what would they get for those shares? 900 million times .0001, which wouldn't hold by the way, would only come to $90K. Nope, that's not the plan. NSAV is burning through a lot more than that per year, and Saltrelli wants to keep taking his salary out. That only leaves a promo/pump and dump to get it up, cash money out, and keep the game going. Everyone wins, the loaners, Saltrelli, NSAV, even the investors who hang in there. This whole thing is falling into place. Be aware though that if and when the pump takes place, it won't last forever. Take money out at intervals. A good rule is to sell half your position when your PPS doubles. Then, you're in it for free.