NewGen BioPharma Corp. (NEWG)

[Big Brother]

Large dump @ $1.45.

I'd say I'm 60/40 right now that the merger has been terminated. I can see why they might have removed the NEWG info from their website as it was influencing the trading, which is what the 'quiet period' before any material event is suppose to eliminate.

However, I've noticed over the years that companies that have failed mergers, often have multiple ones, so i am skeptical.

If the merger has been terminated, and it looks like insiders are dumping, before the news has been made public, you can bet I will be filing a complaint with the SEC to look into potential illegal insider trading.