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1manband

06/03/13 12:46 PM

#14461 RE: MIKAL #14460

This massive decline in the stock price was not at all unexpected. It was pretty obvious it was coming.

In February, they settled what they claimed was $25,000 in debt (although, since this company has fabricated debt before, it is questionable if this debt was real, either) by the issuance of 25,000,000 shares. That works out to $0.001 per share. Obviously, the recipients of those shares cleaned up when dumping. And they may have more to come. The people behind this company have never been shy about issuing and dumping stock. They had a 1 for 10,000 reverse in November, and new share count is at least 275 million already.