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Last year the ceo issued himself 46 million shares, and he owns the buildings MBAH rents and charges 10 times the going price for rent. This stock is more less his personal retirement fund. I was in this last year in the .02s and sold at .041 but this stock most likely will never run again, at the end of the year I doubt it will even be trading.
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There were alot of angry shareholders after he issued the 46 million shares to himself for rent. The share price dropped from .08 to .02 till the ceo put the 46 million shares in escrow and Yes those 46 million shares are locked till .10 but, he shouldnt of issued the shares to begin with and the stock will not be going to .10 ever again without a reverse split. I made money off this stock last year but, those days are long gone.
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Great action! Long tailed candle and fast sto have turned bullish. Today's seller who "gave" me his shares will be really ticked next week when I sell them back to him at much better prices. Good weekend all.
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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No dilution at all here...people just were getting nervous because of the "e" . I don't understand this company always files...they are not gonna stop now.
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Thanks, renrob. I think smart money bought MBAHE yesterday. I dont like AVNT's chart though, buddy. I see a triangle that broke downward on volume yesterday. I believe it needs to pullback a bit from here. GL though!
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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I saw that BB guy say the same thing when CRGO broke down last year on a Friday, almost identical to AVNT now. It dropped 40% and he kept blaming it on "bidwhackers." LOL! I hope it rockets for you though. I also hope MBAHE takes off. Best of luck to us
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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