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Re: kwitz22 post# 859

Thursday, 09/28/2017 11:53:09 AM

Thursday, September 28, 2017 11:53:09 AM

Post# of 5702
This is most likely the note that is getting paid off that I have been mentioning It had a due date of 9/30 so I was expecting the pain to start the end of this week. I also thought Bibb would continue with his piddly little purchases through the week (that is what he has done in the past), but he didn't. Maybe he read my post and realized it was pointless and only helped us see what was going to happen. The total number of shares if sold at 0.08 cents is about 3.5 million shares. Who knows how much of the last weeks build up in volume was early selling for the note. I think the over zealous posters tend to come around when the shares are going to be dumped in an attempt to prop up the stock. Whether the bottom is reached today or tomorrow is up in the air too. They sometimes have all the sales go the day before the last day possible to sell.
We won't know if my theory was correct until the next 10Q in mid-Nov. But it does seem like a pretty big coincidence.