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Imagination TV, Inc. IMTV
Posted On: 08/23/2013 9:57:32 AM
Post# of 45510
Posted By: linfs3

Did you guys see what happened yesterday?   Someone put a low bid of $ 0.001 and it got whacked/filled. Why?  Simply because some people in the inner circle who loaned the company money got a terrific deal that not only being paid 8% interest but also got shares discounted 65% off the market price.  If last few days average prices are $0.0012, their cost basis is $0.0004. No wonder these funders/friends/ financiers keep selling their shares at great profits at our expenses.  Facing such an overwhelming odds against us, the regular investors who have to pay market prices for shares, are very distressing to see sp keep falling off the cliff.  The only thing we can do now is not to offer the bid price above  $0.0004 for now.   So like yesterday if no one offered $0.001 bids then price won’t go to that level.  Thus, if we like to see price above $0.001, then no more bids offered for them to take profits.



Just my 2 cents.













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