OTCQX:SREMF - Post by User
Post by
theancienton Sep 15, 2014 7:50pm
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Post# 22938300
RE:news
RE:newsRBI is doing what I told this board on my two previous posts dated:
Aug. 22/14 1:00pm, title: " Tax-payer vs Tax-taker ; RBI funding. "
Sept. 10/14 6:09pm, title: " RE:Financing news coming? "
A mild surprise here is the canversion price, I thought they would use a lowly 30 day average ($0.35) as a conversion price, but they used the 50 day moving average ($0.41) and the 200 day moving average ($0.74) to come up with $0.50 for the conversion price, I think they do that to get an easy passage, at the same time to avoid (trying) further crticism. LOL
The pumpers are fast at the pump, maybe too fast.
IMHO there is no need to pump or bash, there is a 50% chance RBI can hit a new all time low. or 80% chance to retest the all time low of $0.27. LOL. If you are a bullish GAMBLER, buy the debentures, atleast they pay you a very good risk premium while you wait. LOL CHEERS GLTA.