listen to the warnings from the ones issuing them here my friends. this is one classic pump and dump, good news is that they won't be dumping until they actually consolidate but just be careful not be stuck holding the baby when they all run.
and don't believe any of the rubbish they're spinning in their presentations, these things usually rise higher the worst the back door listing 'company' is, the genuine ones maintain reasonable valuations and don't spike before consolidation because they are listing for the right reasons and not to rob you of your money and do a runner.
it may scare some of you to know that this stock and the price it's currently trading at means when consolidated it will be listed at a mkcap of $50 million, this being a company which they have only paid 5 million for........ trust me nobody involved here believes it is worth $50 million and nor should you, hence why they will sell the minute they get an opportunity, and if you're not up to speed with these transactions the reason why they pump the price before listing is because it ensures they retain a higher number of shares at 20 cents when it re lists.
if this mobile company themselves was genuine about it they would never take part in such activity cause higher price is pumped the lesser share of mckap they have but because no one believes in the value on longevity of the company they wont care they will just make sure they get their certain number of shares at 20 cents and sell them as soon as they can.
please just be careful guys, the traders on here know what thyre doing so this is not intended for their benefit but innocent investors who might get scooped up in the b/s and take this for a long term investment or 'bargain'
BFE Price at posting:
2.4¢ Sentiment: Sell Disclosure: Not Held
