Its heartening to see that that big seller has finally cooled his jets apparently. Nearly all of those sales in the last few weeks were coming from a single market maker, coded "CDEL" on the otcmarkets site. My hunch is that it was someone who had bought in on the private placement last fall, at $.40, who wanted to sell down his position ahead of the upcoming earnings announcement for some reason.
Speaking of the earnings announcement, hopefully they will be able to get the 10Q filed timely this time. With the extension they just filed they would need to get it out by Friday I believe. Let's see if they have finally gotten their accounting act together. The acquisition occurred during the quarter so that would make the accounting challenging, but it looked like they had gotten the acquisition accounting pretty well worked out based on the amended 8K that they filed more than a month ago.
