|Absolutely nothing puts things into perspective any better than todays' news of an escrow release.|
As loyal readers know these shares are Mr. Barr's founders shares and are basically free ... given as a reward for all that selfless hard work in bringing this can't miss proposition of a lifetime into the public sphere.
"On 19 June 2008, the Company issued 4,300,000 common shares of the Company at .001 per common share for cash proceeds of $4,300. (These are your ultra cheap principal seed shares and are escrowed for a specified period)"
So lets see here. Thats 2.7m free trading shares at a cost of less than $ 2,700 or $ 1.4 million bucks off the backs of complete dum dums. Money for nothing indeed and does anybody fail to see the point of grotesque failure to disclose now?
It is a day like today that exemplies the movement of dopey capital from those believing highly ridiculous promises of greatness and those greedily dishing them out on a daily basis.