Thursday, December 04, 2014 3:45:05 PM
As far as the volume of shares traded lately - the amount that has been going still has not been worth over $5k, typically (there are few exceptions over the last few months). The light increase and push to .005 doesn't actually seem very significant IMO. It mainly appears to be some possible bottom players just judging momentum swing and testing to see reaction of purchases. The amount set for sale was most likely so low - due to older investor complete loss of confidence or unwillingness to sell until tax loss season - that the actual volume traded at .005 wasn't much more than a paint. At these levels it is bound to attract some attention simply for the percentage turnover; and quite possibly hopes of another short run foe a quick flip. Another possibility is an internal pump, to judge market reaction as well. Without any definitive evidence from the company or outside sources as to the validity of claims or ongoing business models, everything is pure speculation. The logical thought, though, still rules in favor of it not making a solid recovery soon, based upon the radio silence for an extended period of time. The only detail that makes me somewhat curious is the same as I have wondered about for a few months now - why hasn't this company been delisted if they are in fact completely fraudulent, and how is Tom not slammed with charges if this were the case? It is quite strange.
Pertaining to any lawsuits against the company - I wouldn't think anybody believes it's worth their time right now, anyhow.
It would be interesting to see a new development, though.
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