zagdad, I don't know who the "dumpee" is. I don't get the Vickers service that would provide the Rule 144 filings -- that would give us a clue if it was someone who had stock that had been privately issued. That service is pretty costly, something like $160/month, so I don't get it.
So all I can do is speculate. My experience is that, usually when you have a large seller of an OTCBB stock it is someone who got their stock privately.
When the stock was > $.40 and we started to see the dumping, I was thinking it was the guys who bought in the PP around this time last year, who paid $.40/share for their stock. But then the dumping continued at lower prices, which now makes me think it is someone else, at least at this time.
The company has had to issue a bunch of shares to settle debt and for consulting services in recent years. My hunch at this point is that it could be those guys selling.
I believe the company should be able to get the stock price back up once they get back to the normal ticker symbol and get listed on Nasdaq. The key is, how quickly can they start getting out to investment conferences and get analysts to start covering them.
