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China Crescent Enterprises, Inc. Message Board

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  • cvdpro cvdpro Aug 19, 2009 8:30 PM Flag

    The numbers..

    My biggest question: why did they issue 17 million shares in exchange for 800,000.00 dollar? They told us the stock should be worth 0.30/share. Plus, they don't really need the money(they have 2 million cash on the book as of 6/30/2009).

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    • because that is a red flag that you should be concerned about. Why do they dilute to pay a consult $20K? They really have to dilute for that? Especially when they are pumping that the stock is worth $.30. Why aren't the insiders buying "Large" amounts if this is really worth a few hundred percent more?

      That few hundred dollar lease in China with "250" employees are working OT...LOL!

      Check out DFTS and NLAI if you want to know PV history of pump and dumps. They don't exist anymore so you will have to do your homework.