Posted On: 08/08/2012 1:32:28 PM
Post# of 45510
I would like to know peoples opinion regarding the following:
Collins sold Punch TV network to ICPA for 135 million restricted common shares. In order for collins to get just his minimum $10 million dollars for his shares, ICPA shares price would need to be ATLEAST .074 !!! What is the possibility that someone in the know in the punch TV group knows this and is purposely keeping price depressed while accumulating millions of shares to sell later since obviously the pps will need to go to atleast .074 to make the buy worth it. After all, these big shots dont do things just to lose money!
Collins sold Punch TV network to ICPA for 135 million restricted common shares. In order for collins to get just his minimum $10 million dollars for his shares, ICPA shares price would need to be ATLEAST .074 !!! What is the possibility that someone in the know in the punch TV group knows this and is purposely keeping price depressed while accumulating millions of shares to sell later since obviously the pps will need to go to atleast .074 to make the buy worth it. After all, these big shots dont do things just to lose money!
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