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Re: None

Wednesday, 09/17/2014 11:02:32 PM

Wednesday, September 17, 2014 11:02:32 PM

Post# of 130502
Expecting substantial volatility through next week as the the market searches for a bottom.

I'm thinking a worse case scenario puts it in the .06 - .065 range which actually may not happen until the latter part of the month.

Some individuals have suggested .03 - .04 as a possible bottom but I think that's too low.

One of the problems in getting the stock to move higher is that there are substantially more individuals trying to flip the stock for 5-10% gains and there are a lot of shares held at higher prices where many individuals are just hoping to get back to break even so they can sell.

I also think that the expectations of many individuals of 300-500% returns in a matter of a few months are now tempered by reality.

Who would have thought three months ago that the share price would hit .083 today and another 1,000,000,000 shares will be added in a few days. How about those 153M shares for the 2014 Stock Plan.