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Old 02-09-2013, 01:58 PM  
MrMaxwell
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Join Date: Jul 2005
Posts: 10,057
The rumor is going to send this way over $.03 in my opinion.. the commitment letter could have contingencies in it and whatever else, and there is some kind of pending litigation that wasn't real and some more than apparently is but I don't seem to be able to figure that part out yet.

I still think it's not done running.. Traders tend to be insane and nuts when it comes to anything related to energy. It doesn't take much to send one of these to the moon if it look or seems half way viable, at all

Plus- the market cap has been MULTIPLES of what it is right now BEFORE the VM179 news

That said, even though the financing news was upgraded from pre-approval to a commitment letter- it's not DONE at this point. Without it, the debt holders can still sell their shit off. WITH it though, those shares all end up being cancelled.

If this goes through it's going to skyrocket and I think it's a decent enough gamble (but I'm not done researching yet either). There is A LOT of shit you have to watch out for.

A-lot of idiots are still stuck who bought in at very high prices, shorts had to cover (which looks like demand) BUT still more morons who bought low are up over 400% so they could sell off suddenly taking profits, too- but- I think most of that should be done, by now, because a-lot of them probably run screaming at 100% or even before that (and who can blame them)

Last edited by MrMaxwell; 02-09-2013 at 01:59 PM..
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