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clock Created with Sketch. 04/12/14
12:41
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Originally posted by grandcaruso
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Hi Pear, You wouldn't be up 33% because 2.6% (100M shares ) of the entire CNN share registry is sitting in the queue at 0.003 and sure as nite follows day once they're cleared another 50M shares will crop up. All stale holders wanted to get out. Also you wouldn't have to pay much of a premium if there was a consolidation because say the price was 5c and there was someone in the queue at 5.1c that's only a increase or premium 2% not 50%.
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This stock is truly up the sheet creek, the company management has created a fine black hole for it self, I don't know how they're going to get out of it, shareholders are completely stuck in this trap. It's actually pretty messy. I don't think they're going to be able to raise the cash. The whole thing is so stupid, I can't believe what I'm seeing and hearing from this group.
