RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NEWS TODAY !Atul got $ 5M selling a share float to Bally. What is Snipp going to do with the $$ ?
1. Pay some nice bonuses to themselves ?
2. Use the $$ and buy back some shares to prop up stock price at $ 0.13 almost half the value they sold it at and consolidate shares at this low price, and shrinking the dilution ?
3. Buy another "mickey mouse" company like Gambit that has no earnings and pay through the nose ?
It certainly will not be #2, as they are not smart enough and not willing to put any skin in the game.
Gambit and Bally must look at what they paid at $0.25 and shaking their heads now.
Has anyone looked at the Gambit site ? it is completely amaturish.