Written 3 years ago
Perhaps you are correct but he did bring up the first things that I posted few years go, that I was short COIN and when stock was issued every few months ( 7 million to 48 million, its the "DADDY OF DILUTION) and COIN fell under $2.00 the LIZARD kept telling all that it was not possible to short a stock under $2.00 it was a telling giveaway as to how little STINKY knew about trading both offshore and in high value accounts.
Stinky just did not understand that the GAME was being played, high volume short selling into bullcrap PR and then the issue of shares in the secondary.
Did anyone ever think that those MM that took the shares EVER HELD ANY? Did anyone with any brains think that this management bought any shares ?
The moron compared this COIN to ACCP where the management put THEIR $25,000,000 into the company when they took it over and reversed split the shares.
Well I know that COIN as a fertilizer company is a complete failure it always cost $2.00 to manufacture $1.00 in sales, so now it will become a Farming Company, and at this point I have no idea how well they will do, I would not knock what they are doing because I have no knowledge of this new business.
BUT I DO KNOW THAT PRESENT SHAREHOLDERS WILL BE SQUEEZED DOWN TO PENNIES BEFORE VERY LONG.
If you want to invest in a farming operation you are better off waiting until after the new financing, and reverse split, coming to a theater new you very soon.
You would be much better served in finding a "FARMING COMPANY" with management that you could trust.
UP DATE DEC 2011 worth nothing
i am sure that this is in a prior post by someone, but
how many authorized shares are there for COIN
how many currently outstanding for COIN
how many potentially outstanding with any debt conversion and exercise of options for COIN
how many shares does COIN own of VRNG