Turboe, as I said, I haven't seen the information on the number of authorized INFE shares posted. Please post it, or direct me to the post containing that information.
Yes, you are a regular psychic on INFE, having tossed money into it a week after it started to streak up. I bought into the stock at .27. What did you pay? Guess you are the better "investor"...
You get on me for supposedly "bashing" FAMH, then post that you are selling off all your stock in the company. I got out at .32... what did you get for your shares?
I believe in more than jumping on bandwagons, at least.
I "assume" that INFE could print a good deal of shares, since I find it believe that they are authorized for more than 7 million or whatever the number is they have outstanding. They would print shares to raise a truckload of money, and take advantage of the hysteria generated in trading the stock lately. Any smart CEO would take advantage of this once-in-a-lifetime opportunity.
FAMH (our old buddy stock) began November with 20 MM shares, while authorized for 100 MM. Between then and now, they have printed another 50 MM shares, without ever announcing how many they were issuing, or when. They just sort of slip the number into conversation weeks after the shares are issued.
Of course, in November, they said they had "no intention" of issuing more shares. Right.
Calling BB companies and expecting nothing but the truth? What planet are you on? |