Replies to post #10515 on CaliPharms Inc (KGET)

[purefreewater]

It's easy to warn about Pink stocks .........

most are POS, scams and ATM machines for the owners

who do nothing but sell billions of electronic shares, R/S and repeat .....


there are a few though that even reduce Outstanding Shares, like ENT$ and KGET did


coz they know that they CAN make it ........ into the pennies !!!!!!


and beyond !

[common_cents]

WRONG

Do you guys actually read filings? PMC@ was FILLED with toxic debt....not just one death spiral financing but several. The A/S's were increased several times to accomodate the Lenders who were converting debt to equity. Asher, Magna and WHC were some of those Lenders.....READ the filings.

On the contrary here

There are NOconvertibles in this deal. the O/S's have been reduced by over 2 Billion shares . The company has put out a series of 8 K's and made a definitive acquisition NOT just and LOI. DEFINITIVE> Now we wait for them to close on the operating company discussed in the 8 K/ PR.

Meanwhile, it appears that all of the stock issued in the S1 last summer has been sold into the market. Yesterday's stock action was very "bottom like" as we saw capitulation from retail investors and tax loss sellers.

Sheesh. At least find something comparable to compare this to if you want to bash it....just because the stock price has come down DOES not mean its a BAD company/stock....LOL

Happy New Year

CC