BioNitrogen Holdings Corp. (BIONQ)

[Longgg]

I wouldn't expect anything substantial in nature but with all of the progress made in the last 6 months it is surprising that we remain in the .05 range, overall risk is substantially less and clearly they are making progress albeit slower than hoped for. I wonder who continues to be satisfied selling at .05, I really would have thought those willing to sell that low would have dried up by now. If you assume executive leadership at BION isn't selling compounded by all of us longs it just seems like those willing to sell now at a nickel would have been exhausted?! It isn’t an unrealistic expectation for a run into the 20 cent range when EPC files and bonds sell, that is a ~500% increase literally in a couple/few months. Seller must need cash now, upside is to great and to close for any other reason.