RE:olemiss is a paid pumper"and not a very good one at that. facts man facts where are they? "
He is as transparent as transparent comes. On Thurs July 17 IDC management announces they will buy some shares in a PP. The next day on Fri July 18 this Olemiss character creates a handle and right away starts his mindless baseless pumping. The press release caused a little meat to get on the Bid for Mon July 21 and immediately over 100,000 shares were sold into it to wipe it out.
So like I said he is transparent, but his style and execution is so poor that I do not think he is a paid pumper. What I think he is, is a "Wants to be paid pumper" as in an IDC employee who wants to liquidate shares that he (they) are taking in lieu of salary.
I thought something like this would happen. This is not a program where employees can buy shares. This is a program where management is paying part of their base salary in shares because they are running low on money that can be used for company expenses. People go to work to make money to pay their bills, not to collect shares. I knew many of them would want to liquidate so as to collect their needed salary, but the volume has been so low that I did not see how it would be possible.
So is this a lame employee trying to get something going on the Bid so he (and maybe others) have something to sell into? Was management buying shares part of this pump attempt or did this person just see it as an opportune time? Like I said earlier, if he is and it is proven, then he is in serious trouble. If he is not flying solo and upper management is involved, then they could be in trouble.
I have no proof at the present time that this in fact has happened and therefore I am not making any accusations against any one at all, but the timing, motivation and poor execution all make it seem that way. If that is the case then I suggest this person(s) check with legal council because they are playing with fire.