1) He only has about ~130k shares left to sell
2) He has no plans to release more at .005, that was an old post that no-longer applies
3) He has stated multiple times that any additional shares would be at market value and only after a sufficient notice has been given
Take your F.U.D. somewhere else.
That makes me feel a lot better. So I wasn't in the FIRST WAVE of people he screwed over. I was in the ONLY WAVE.
I guess you're missing the point.
I sold at .0009 because I thought he was going to release more .0005 because he already did that. Ukyo helped a lot of people out by telling him not to do that again. But guess who it didn't help? The people who got screwed over the first time, then sold because they assumed he was going to do it again.
1) KS screws shareholder
2) shareholders sell because they want to buy in at .0005 when KS releases IPO again
3) Share price rises
4) Ukyo says he can't do that again
5) Shareholder who sold now have to buy back in EVEN HIGHER
So those of us who bought in at .0005 because they believed in the company got screwed twice. Once when he re-released the IPO and the price of our shares immediately dropped. And again when we sold our shares, believing that he was going to do that again, and he didn't.
Don't get me wrong, I know Ukyo did the right thing, and it benefited most people, but NOT the early investors.