RE:Another McW-pumpYour math sucks....5% on $1,500,000 is $75,000, not $750,000.
.
politicat wrote: THis guy did same with PYR. Talking of contracts in the billions until he got out. on BNN 3 months later he crushed stock by being negative.
There was no mention of the 3,750,000 new warrants gifted to the broker - exercisable at $0.135 in 30 days - for a gift of over $2 million most likely. Plus 5 % commission ( $750,000 ).
So they are paying probably over $ 3M in compensation to do a deal that will net them what ... $600,000 plus option if taken. If not -- deal is a minus 2 to 2.5 million to company.
McW never mentioned that. HE was in at 7 cents. Easy money when u can pump your own stocks on BNN and have the sheep bid it up 80%.