No settlement.
This is a classic textbook version of a pump and dump.
Two weeks out from the hearing date, this is their one and only chance at getting some money for their shares.
They were as high up as 1.9c today, more than 100% up !
When the stock is at 1-2 cents you can move mountains with a hundred grand.
That's what's happening here. They'll pump the stock as high as they can, expect it to go to 3-4cents maybe higher.
And then the suckers will think there's something stirring and they'll buy in, while the big shareholders dump out.
I'm just sincerely hoping that the dirtbags who are pumping the stock right now, lose all the extra cash that they're pouring in right now. Hopefully people will recognise it for the scam that it is, and not touch it with a ten foot pole.
The CHM ship is going down, they're practically trading insolvent. Perhaps this is the way in which the mystery litigation funder is hoping to make some money ???
No settlement.This is a classic textbook version of a pump and...
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