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Re: otcbargains post# 30

Monday, 05/12/2014 10:10:52 AM

Monday, May 12, 2014 10:10:52 AM

Post# of 72
That deregister thing was from a large holder, not the company, so we don't really know the company's stance on that.

Seems odd that the company would catch up on years of filings only to deregister and take out small shareholders at a price lower than the current price. Stranger things have happened, but according to the 10Q, "In April 2014, we accepted two warrant exercises in the amount of 150,000 and 210,000 shares of Common Stock, at an exercise price of $0.625 and $0.50 per share, respectively, for an aggregate purchase price of $198,000 from two investors."

Why would investors, presumably in the know, exercise warrants at $0.625 and $0.50 ahead of deregistering? To buy votes? Or...maybe no deregister?

The SwingTrade Portfolio is up 18.6% YTD, 83.5% in 2013, and 432.1% since inception.
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