RE:One Hundred and Seventy Three Million S H A R E SThat pretty much sums it up!! Seems like Larry keeps blaming this endless supply of shares for sell on predator traders and shorts. Why not just tell stockholders the true reason. Remember, private placement holders have given that money up front.They will sell to get their money back and sit on a warrant. If the price moves up they win, if the company goes no where and stock doesn’t move, they win. No brainer.
From a private placement of 1,500,000.00 at .15 that’s at least 10 million plus shares ready to dump. They have done the PP a couple times. So easily over 20 million shares.
Thats the endless supply being dumped.