you sure about that? Seemed a little misleading - talking of actual dollar amounts they will get when the project isn't even completed as addressed in another filing.
Did they ever plan to move forward with that project or was it just another storyline to sell shares? Diluting the crap out of the stock with that storyline and did the eventual r/s. Bet those investors that fell for it are pissed. and then they turn around and give everything back like it never happened? Were those shares affected by the reverse split by any chance?
Where did those 3 million shares come from that decreased the o/s last week? Part of that deal? is that all the shares to return?
$MINE has 562M shares sitting in Treasury right now! Why would they want to buy back some more, or even do a reverse split? Counter Productive! StockScout1 Member Level Saturday, September 28, 2013 8:28:11 AM Re: samsamsamiam post# 66027 Post # of 67219 $MINE 3M SHARES RETURNED to Treasury Stock, causing reduction in outstanding shares. I suggest they were going to be used but didn't need them to be after allocation. NO DANG DILUTION! GOT THAT GANG! FACT PROOF! TIME FRAME: 8/29/2013-9/26/2013 15,000,000 increase in outstanding shares(from Treasury) Spread over 5 NEW Investors. Rule 144 applies! 108,000,000 increase in CERTS outstanding 93,000,000 decrease in BOOK outstanding 18,000,000 decrease in RESERVED shares(3M+15M Treasury) 3,000,000 increase in shares available to issue(Returned to Treasury)
Total Investors 136 UP from 131 (5) NET NEW Active Participants 63 UP from 58 (5) NET NEW Date: 9/26/2013 Shares RESERVED: ( 562,000,000) Active 63 LESS: Shares Outstanding: ( 1,378,428,040) Total 136 Shares available to issue: 559,571,960 Free Trading Shares: 1,318,079,616 Cert Outstanding: 1,323,428,040 Book Outstanding: 55,000,000
Date: 8/29/2013 Shares RESERVED: ( 580,000,000) Active 58 LESS: Shares Outstanding: ( 1,363,428,040) Total 131 Shares available to issue: 556,571,960 Free Trading Shares: 1,303,079,616 Cert Outstanding: 1,215,428,040 Book Outstanding: 148,000,000