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Rapid Fire Marketing, Inc. RFMK
Posted On: 01/02/2013 2:00:03 AM
Post# of 11899
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Posted By: EliteYoda
Re: Howiesjules #9453

No one can know the future. I do not share that prediction. Anything is possible, especially on the pink sheets, but it could also move up just as easily as move down into triple zeros. If there is practically no buying power for the stock and IronRidge is looking to unload tens of millions of shares, no doubt, the PPS would get destroyed in that scenario, but at the same time, they do have a cost basis for their current position in the stock so I cannot imagine they would be willing to dump at any price, all the way down to say $0.0001. IronRidge's cost basis happens to be $0.0013, which happens to be the current share price. Coincidence or providence? Hmmm, you decide. 


GLTA


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