Weve been told that the DTC chill has been partial
Post# of 1375
Weve been told that the DTC chill has been partially removed. What that means exactly im not sure. CEO has gone to the DTC and said he had been unfairly chilled due to abusive naked shorting of his stock. From my understanding the process to get the chill removed is looking pretty good and ive heard of 2 plays getting them off this week alone. Will have to confirm those tickers with my pals. There was a lawsuit out there against the DTC for overlooking this issue of naked shorting and prematurely chillin their companys. Im hoping this sneaks in before they finalize the merger. Would be huge if the chill were to come off prior to the merger completion. I think thats the run most of us are looking for. Dont know if the dilution is going to be done soon but i dont see them forcing this below 5 themselves. Thats why thats where im going to sit with bids. Whether this goes to half a penny or a penny, worst case 0025, its not a bad deal to buy em up at trip 5, 6 and 7 imo. If this Korean group thinks .0022 is a fair price to buy this then im glad im getting them here. Im sure they arent stupid business men and know what theyre buying. When the dilution ends i expect the float shares to be about 650 to 700 mil. Still not too shaby for a trip play with a big future. ISCRUB bashers are out in force telling everyone the whole OS is comming into the float and i think thats total BS considering the Koreans have to buy basically half the 1.5 billion authorized to own this thing. This is just my opinion but its what makes sense to me.