Top, I would agree with you. An RS on this company after canceling and continually stating that there would not be an RS is the end for the company and us. I personally am hopeful that my instincts are correct and he is following through on the plan. It would take more effort and capital to get investors in after an RS then to do it the right way. If this does RS, he will get a few newbies who don't realize what is going on, but he will not get real investors. Real investors will stay away for at least a year to see what happens. Nine out of ten times after an RS the company either floods the market to get capital, or the stock is beaten down by short selling. Either way, if this were to RS, I would wager it would be back at 0001 within a year, even if James tried to do it right. There is only one way out of this and that is for James to PR what the status is, continue to buy back and expand the operation. If he can do that, he and a lot of us will be stinky rich. If he can't and he does an RS, this is finished. Just another pinky that could have been IMO.
ATYG$$$
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