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Replies to #27783 on Dump The Pump
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Slojab

02/12/14 8:06 PM

#27784 RE: Daenerys #27783

It got to that level of valuation through the issuance of 300M shares after the 1/5000 R/S last year reduced the share count to less than 100K.

It followed a template. R/S, issue tons of shares all at once and then trade on the hype based on supposed billions of assets/reserves.

It's the same story as with BYRG, MSIM and a host of others.

It would be interesting to see what history CEO Tim Sperling has.

As well as the principals behind the company being acquired.
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Diamond Daze

02/15/14 8:40 PM

#27787 RE: Daenerys #27783

Your right...they dont have the diamonds IMHO...... One thing I know quite a bit about is diamond exploration. I got a buy reccomendation on SUBB looked it over .... No way I would throw one cent at this.

Best of luck to those that bought.