Replies to post #46075 on DD Support Board and Research Team

[janice shell]

It's a good example of the kind of damage a series of small loans can do. And it never stops: when one is converted, a new one is arranged.

I wonder what became of Charlie Mayo. Haven't heard anything about him in awhile. I hope Pearlie didn't eat him alive.

[lineItemVeto]

So does this mean Asher's cheaply acquired shares can be sold for great gains, say when HUGE NEWS stimulates a strong uptick?

[cyberbullymouse]

Always amazes me that there are people who could read a post like this and still not understand how the penny scam game works... And not understand that their "investment" is what funds the crooks.

[Sooah]

nodummy, the terms of Asher notes, exhibits and schedules thereof are all clearly notated in MINE's 10K and Q. We are quite aware that the O/S has increased about 600 million shares due to Asher conversions. We are also aware that they can get an opinion letter from an attorney to work around Rule 144 holding period. Asher is actually getting a 45% discount. MINE will most likely see yet another increase in O/S, no one denies this as they will need the cash for production.

Sure, Asher and Kramer brothers have a bad rep for killing small issuers but do smaller/start-ups have a better alternative? The alternative is not to borrow from Asher, isn't it then? It goes both ways.

Oh but don't think that MINE is innocent in all of this. True they are too much of a failed company to qualify for financing, but MINE is very complicit in all of this putting out several press releases to sucker in retail investors while they issues millions upon millions of free trading shares to Asher to be dumped on those very same retail investors.

I would not necessarily call it complicit as I think that is a strong word. That would be like saying shareholders should not receive any update to ensure Asher does not get to unload their shares. I believe updates of their development as long as they are indeed achieving milestones are fine. Big board issuers do it all the time, and biotechs are the worst of them releasing big news against a D sale...

Sierra...lol...Guy follows and pumps stocks that are trending and has no clue what most of them does. Hence the "buyout/merger" repeater band on most of what's being touted if I'm being nice.

Anyways, thanks for your comments.

[samsamsamiam]

MINE/Asher/Michael Gelmon
Did you pick up on this:

http://www.sec.gov/Archives/edgar/data/1451514/000135448813003538/mine_ex104.htm

[ospreyeye]

Great post......thanks.......really appreciate the explanations.......have learned a great deal reading this board..........

It seems to benefit Asher taking a short position on stocks they're financing........can they & do they do this?.......loan money in exchange for shares @ a 50% discount then short the stock to drive down the price?......seems fraudulent, but from Asher's perspective it would seem logical.......what checks & balances are in place to keep financiers from doing the?.......or is it a legal practice?.......

Also, you mentioned "Sierra".......I've been reading about early news from them.......X co. has a deal coming.......is this total BS?(I know, dumb question)........who's behind Sierra'a actions?.......are they releasing this info. Independently or are they getting paid by a 3rd party or Co.'s themselves?.......a rumor by them went out Fri. about a Biotech deal coming this week......on Yahoo & Ihub........nothing seemed right about it........

A ton of questions & you're very busy......thanks for the reply if you find the time........I checkout this board frequently & really aporeciate everyone's hard work.........I don't ususally post comments here, but this board has established itself as the go to place for "legit" info. On Ihub........

Keep up the great work!.........$$$