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We will win ONLY when the MMs get tired of playing their nickel and dime manipulative games, let the horse run, allowing the PPS to run and make them a huge score.
Also, when the high rollers, with the big bucks, come to the dance...
Of course, all this depends on what ERBB does with financials, reputable partners that are adding to the bottom line, and either buying back a couple of billion shares of the current 3.9 billion OS, or crushing the stones of 57,000+ investors with a R/S...
Ah...the tell of two tales... AJMHO, of course, FWIW
The bulls are probably going to try to push the volume and PPS to a high of the day finish...But, watch VFIN on the finish as he is sitting there just waiting for the PPS to come to him...as he will force the bulls have to spend a lot of money to buy shares...that falls into an empty bottomless pit for VFIN, with his typical patented 10,000 share ask... LOL
Hey wlittle...you are watching masters at their trade - at their very best when they manipulate the PPS...
We all know, that, if this happened in the real world, and not the world of stock market investing, there would be some jail time involved... LOL
This is a pattern that those that dare to observe and admit happens on a regular basis...unencumbered, unchallenged, and freely blessed by the various governmental entities, without fear of recourse...
There are lots of competitors that are paying lots of money to do everything they can to insure that a fledgling company such as ERBB does not have an even fighting chance in this industry.
What I have noticed over the last few months is that the 3 MMs that are on the ask now (ATDF, ERTF, AND NITE) usually follow VNDM or VFIN to further beat the PPS down, after the "V" twins have started the movement that brings the shorts and other bears/daytraders in to pile on, which allows the MMs (Market Manipulators) to drive the PPS lower... Just an observation... AJMHO, of course, FWIW
VNDM sitting on the ask with his usual 10,000 offer has take 1 million of the bulls shares and he is still sitting there... LOL
He will pass the baton to either NITE or ERTF to block a possible run right before VFIN takes over to try to land a knock out blow to the bulls...
By the way, as far as the shorts being involved...the trading volume is 50% buys and 50% sells so far today... AJMHO, of course, FWIW
Beware the "V" twins VFIN and VNDM are both setting at $.0155 and $.0157 to do their thing and throw a monkey wrench into any upward PPS movement, and kill any bullish momentum...
This could be a real test as to whether the MM's are ready to turn the bulls loose to follow the TA's upward... AJMHO, of course, FWIW
Thank you entrepreneur...for your work and posting of the charts...you provide great insight...and I, as well as others, appreciates your contribution to the learning curve...
Knowledge is power...
"In ALL your getting, get understanding."
Just trying to make a joke, as others were talking about naming their big boats... LOL
My gut tells me that this thing is about to stretch its legs and run a bit...
It is time... AJMHO, of course, FWIW $.06
We had ALL hope and pray that the name on the one man fishing boat that many will own is not Reverse Split... LOL
OR...For What It's Worth...
AG could be likened to Professional Scouting wherein when we are evaluating young talent there are two sets of numbers that are used. Everyone is graded on their PRESENT numbers comparing them with current Major League standards in the 5 areas (run, throw, field, hit, and power). From AG's present grade it would balance out to be Below Average ML...as it has always been for future ML Hall of Fame players such as Chipper Jones.
But, from a OFP viewpoint (overall future potential), ERBB grades out to be anywhere between AB Ave to Excellent OFP ML, which is the highest score given to all players.
The potential is there, but, only time, development, and personal in put will determine whether their ability level is reached. It is also important to note that there will be landmines along the road... AJMHO, of course, FWIW
History stands for His Story... And, what about the old saying that "anyone that ignores the past is doomed to repeat it."
IMO, history should always be relevant, and not just something that is blown off for convenience...or, to promote a specific belief, or agenda... It is a measuring stick for where one was, where one is now, and an indicator for where one eventually wants to end up.
As you said, JSTIC, there is a lot of baggage...of water that has gone under the bridge. A wise person cannot ignore it, should respect it, be concerned about the baggage, watch to make sure that history does not repeat itself, and then move on with their DD.
It does appear that AG has aligned themselves with some quality partners with the OG Tea, the watering and growing systems, the patents for the machines, and a business model that will bring other companies that are in need of the diversity of AG to the table.
I would hope that the company recognizes the hasty and poor previous decisions that were made in hopes that those decisions would lead to a dominating position in the industry...as it has not. Hopefully, they now have learned that the road that they are on now is the one that leads to the pot of gold... AJMHO, of course, FWIW Happy New Year to all
I would think that the dramatic PPS drop of MDBX in the last months would indicate that many were taking losses for tax purposes...as that puppy had a yearly high of $93 dollars... OUCH!!!
I would also think that whatever money that can be salvaged might be reinvested in a penny stock that might have the potential to help one reclaim their losses... AJMHO, of course, FWIW
My observation of your questions, which are basically some thoughts are...
The run up to $.11 last year was caused by a well-organized, and orchestrated combination of many stock promoting groups working together to drive up the buying volume to bring the kind of numbers in to fuel the run;
Also, the daytraders jumped in and fueled the flame;
And, the MM's certainly did their part and took advantage of the selling and buying of shares during the run up...and the run back down;
The shorts could have participated, but I do not know what the short position was on ERBB during that run...but, I would speculate that it was probably the usual 30% - 50%;
Add to this the turmoil and uncertainty of a fledgling industry that was hammered by the governmental agencies and compliance regulations;
Also, a voting population that showed one half for legalization...and one half that was against it;
These promoting groups of investors, some of which are shorting entities, will most certainly return...as they are financial vultures, doing everything that they can to manipulate the PPS of a company;
The time frame should be different because...ERBB has gone through a very strong learning curve and has been able to tread water/survive long enough to learn how to swim;
Yes, they still have the same OS/float problems of 3.85B shares and 3.25B shares, and there is fear of an imminent R/S...but, there is light at the end of the tunnel, that appears to NO longer be a runaway locomotive;
A share buy back blows this thing up to the north side...a R/S blows the PPS up to the downside...and, IMO, as with most R/S's destroys the dreams of becoming millionaires of many investors...
There are signs of much better organization, free from the bad alliances that were made in earlier times, and, just maybe, AG has become the preverbal blind squirrel that finds an acorn if he scratches long enough; LOL
Another good sign is that the heavy weights are back talking the company down...which signals fear from competitors, who, quite possibly, are willing to pay for others to talk the company down;
One more thought...a New Year...money waiting on the sidelines to enter a $.0125 PPS company that could just explode soon and run well beyond the previous high...possibly into the dollars over time and future good business deals being made...and something done with a buy back of shares, etc. AJMHO, of course, FWIW
Is it legally responsible for ERBB to promote a "seed to sale" business model when MDBX, their major competitor, has recently been granted a "seed to sale" patent process/concept that states...
"The present invention is also a computer system to fully monitor and authenticate the creation of the medicinal herb including monitoring where the seeds used to grow the plant were obtained from, how and where the seeds were grown to cultivate a plant from which the medicinal herb was harvested and the process by which the harvested portion of the plant was converted into a medicinal herb. The process includes full chain of custody of all personnel involved from obtaining the seeds, cultivating the plant, harvesting the plant and converting the harvested plant into a medicinal herb and transportation of the medicinal herb to a legal dispensary."
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=8818820.PN.&OS=PN/8818820&RS=PN/8818820
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=7844363.PN.&OS=PN/7844363&RS=PN/7844363
Many in this forum have repeatedly used this term...as has the company management, which is why the question needs to be asked...and verified...
I am not a legal beagle...but, it appears that one can see the patent infringement of MDBX upon the ERBB/Tomassi patents in this patent and a previous patent of MDBX.
One might also need to question whether ERBB's promotion of a "seed to sale" concept in their published documents might need to be thought through and thoroughly investigated by the legal team to avoid a possible counter legal challenge from MDBX for patent infringement... Just a personal observation...
On a more favorable thought...I do not know, but, if AG was the first to use the "seed to sale" term in public print, which, I would think, publicly legitimizes a copyright claim, such as published articles and songs, would they not have copyright rights to the use of the term? If that being true, then, could MDBX be infringing upon a copyright protection that ERBB maintains in their recent "seed to sale" granted patent process/concept? So many questions...so few answers...
I am sure the AG legal team has done their DD and is on top of the many proprietary issues that are certain to arise as the company becomes more successful... AJMHO, of course, FWIW
According to a Rasmussen Reports Survey today nearly Half Want Their State to Legalize Recreational Pot.
.
Friday, December 26, 2014
More voters now support legalizing recreational marijuana use in their state, even as Nebraska and Oklahoma plan to sue Colorado over its marijuana laws.
A new Rasmussen Reports national telephone survey finds that 48% of Likely U.S. Voters now favor the legalization of recreational marijuana use in their state, while 43% are opposed. Support for legalization is up from 43% among all Americans in August and 41% of voters in January.
http://www.rasmussenreports.com/public_content/politics/general_politics/december_2014/nearly_half_want_their_state_to_legalize_recreational_pot
Actual number of shorted shares and percentages of those shares...
http://otcshortreport.com/index.php?index=erbb&action=view#.VJnOcufZ
Dec 22 25.74% NA NA NA 3,551,908 13,797,017
Dec 19 38.63% NA NA NA 17,668,141 45,738,800
Dec 18 3.47% NA NA NA 1,031,436 29,752,143
Dec 17 12.07% NA NA NA 2,050,447 16,991,698
Dec 16 14.96% NA NA NA 3,407,656 22,773,295
Dec 15 33.77% NA NA NA 4,047,920 11,986,688
Dec 12 39.18% NA NA NA 8,579,650 21,899,107
Dec 11 27.67% NA NA NA 11,487,592 41,510,147
Dec 10 41.46% NA NA NA 22,180,752 53,500,844
Dec 09 36.50% NA NA NA 20,082,101 55,014,282
Dec 08 19.97% NA NA NA 3,450,904 17,276,512
Dec 05 24.65% NA NA NA 3,800,674 15,415,832
Dec 04 27.47% NA NA NA 4,395,897 16,004,882
Dec 03 9.02% NA NA NA 2,104,335 23,337,970
Dec 02 25.17% NA NA NA 4,515,091 17,936,833
Dec 01 17.93% NA NA NA 4,366,113 24,348,983
Nov 28 14.52% NA NA NA 1,174,709 8,090,813
Nov 26 32.42% NA NA NA 4,099,170 12,643,437
Nov 25 17.18% NA NA NA 2,693,817 15,684,208
Nov 24 6.74% NA NA NA 1,800,730 26,718,830
So, speaking of misinformation...where is the documentation stating that the retiring of 180 million shares was completed?
I am glad you guys see eye to eye about misinformation... LOL
A buy back would be the right thing to do, JSTIC, but, as we all know there are too many other inviting avenues, and a R/S is the cheapest and usual way that the company goes...
Besides, as the company is more successful, the PPS goes up...which makes the share buy back much more costly, and cost prohibitive.
The time to initiate a buy back of shares is when the PPS is at rock bottom, as it is now. But, the funds are not there, so this is a pipe dream.
Also, there has been no mention, or shown documentation in the financials wherein the company actually bought back the 180 million shares that they published in a PR would happen...promises...promises... AJMHO, of course, FWIW
WELCOME BACK, MAN...GOOD TO HAVE YOUR IN PUT...
And...what might you be dishing out, yourself???...holding a large number of shares, are you?...
Surely you can come up with a better excuse/cover to refute a possible R/S, that many know and believe has to happen for the overall health of the company, than a promise that one will not occur, from the CEO, who has already made numerous promises that he did not fulfill. LOL
And, I find your comment "you do realize if they reverse split and continue to build their product the price won't decrease to where it is now, but just go up from where it reverse splits too"...interesting and amusing.
I challenge you to name any penny companies that R/S, wherein the PPS did not revert right back to where it R/S from. And, while you are at it, list those companies whose PPS kept going up actually happened.
You are a smart man, you should know that almost 100% of the penny stocks never make it, and sell shares to try to make it, and, furthermore, sell shares to rip off the investing public. Maybe you could do a Google search and come up with some evidence to substantiate your claims... LOL
Obviously, you have missed a few posts from notable positive company guys on this forum that have mentioned a R/S possibly happening within the next 3-6 months...
When these few privileged investors, that have access to company information mention a R/S...I listen, as they have much more invested in this company than I do...and, they are closer to the source than any us... AJMHO, of course, FWIW
And...why would AG spend $40 million dollars to cover the 3.85 billion OS shares, some of which were used to fund the company in the earlier days, when they can just do a R/S???...and only the 57,000 shareholders get screwed...
This is one major reason why the PPS has not risen much since the initial $.11 spike over a year ago... 3.85B share OS and 3.25 share float - PPS movement just ain't going to happen on 10-20 million shares traded daily...
Also, one could speculate that many shareholders know that the possibility of a R/S is real...and that it will happen, and many have said as much on this board...and they want to dump/sell their shares, many that are holding at a profit, and then buy back into the company, probably at the same price the PPS is at not, after the R/S.
One could reasonably assume, from the trading pattern and the blocks being sold over the past month that some big holders might be selling some shares...and trying to keep in under the radar screen...
ERBB will be a clean and better structured company then, and able to ride the wave of wherever the value of the company will take them.
For those that have doubt of a R/S, there already is ONE R/S in the history of AG, along with 9 name changes in 16 years... Common sense should tell us that, until AG shows us the bacon, we should view things with a bit of skepticism... No PMs please... AJMHO, of course, FWIW
For those that are in direct contact with AG/Stephen Shearin, this GA company might be of interest for a future partner in GA, etc....
Here are the links...
http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/05/24/atlanta-entrepreneur-has-high-hopes-for-medical.html?page=all
https://halcyonorganics.com/
The guy is setting up to be the distribution company in GA when they do legalize it. He already has the infrastructure in GA to grow, test, etc., and was in CO to do a lot of his preliminary work as it is a legal state.
Just passing it along to jjjohnny and crickets, and/or others that might think that this can help AG get a foot in the door in a state that is not far away from legalizing it, as the Governor is already involved, and state legislature has already voted on it, as well, I believe... Believe it, or not, GA is becoming much more open to the legalization... AJMHO, of course, FWIW
At least the shorts knew something was coming as one can see how the number of shorted shares dropped off quite a bit from Dec 12... Only 1M shorted shares out of 30M shares traded yesterday... HMMMM
Dec 18 3.47% NA NA NA 1,031,436 29,752,143
Dec 17 12.07% NA NA NA 2,050,447 16,991,698
Dec 16 14.96% NA NA NA 3,407,656 22,773,295
Dec 15 33.77% NA NA NA 4,047,920 11,986,688
Dec 12 39.18% NA NA NA 8,579,650 21,899,107
And...the PPS is back to where it opened today...ready to drop further to close the gap up this morning, I would suspect... AJMHO, of course, FWIW
Penny...IMO level 2 looks like it can go either way with little resistance...
For most of the morning the buys were running 2 shares to 1 against the sells... The last hour the sells have over taken the buys and they are even at 1 to 1...
It appears as if the MMs want to take the PPS back down toward the previous close of .0125 yesterday... Got to also close the morning gap, I would think...
The major hurdle standing in the way of an upward PPS movement are, of course, the MMs... Secondly VFIN is sitting at the .0154 with his 10,000 share offer to stop the bulls... Until a few minutes ago VFIN was not even showing on the ask side... AJMHO, of course, FWIW
Not enough volume...need more volume to break this thing out...and entice MDBX and EDXC, whose PPS is $7 and $.06 to jump ship and swim to the ERBB ship...
These folks can buy a lot more shares of ERBB with their dollars, which is a common sense thing to do... Also, the west coast has not awakened yet...
This thing could break out here...but, the MMs look like they are trying to slow down the processing of the trades to create a view that this is not as big as it is about to become... The MMs may have to let this thing run...especially if the bulls really charge hard... AJMHO, of course, FWIW
WOW...VFIN showed up on the ask with his 10,000 share offer...he allowed a sell/dump/cover of about 2M shares...and then he disappeared from the level 2 screen... LOL
He means business and does not mess around when he takes command of the PPS... AJMHO, of course, FWIW
I am not an expert, but I have read enough patents to make a common sense observation, as stated in the definition given by the USPTO, that it is not much of a stretch to go from an already regulated product such as cigarettes and alcohol, to include medications and cannibus...
It is OBVIOUS to anyone skilled in the field that EDXC cannot just build a machine and think that they can get around the ERBB patent with just the addition of a few other words...the law is specific and, imho, will protect ERBB, and Robert Tomassi, the holder of the patent.
It is my understanding that most patents include a lot of other proprietary things at other places within the body of the patent. Granted, it is the claims that spell out the bulk of what is "claimed" and protected by law.
About a lawsuit...NO one will probably sue until the time is right...as it will cost both EDXC and ERBB hundreds of thousands of dollars to either file and/or defend an infringement suit... Now, if they both have patents applied for or granted, then, this sweetens the pot...and probably will cost more money to prosecute, or defend... AJMHO, of course, FWIW
WOW...Speaking of a "spin"...NOW, you really did not think that you could get away with your bit of "mis-truth" in your below post...DID YOU? LOL
"I think there is much more to patent law and interpretation than the simple spin you're providing. You're placing heavy emphasis on overextending the title of the patent to mean any regulated products when the patent specifies "providing a vending machine having an identification card reading device and a finger print scanner, wherein said vending machine vends an age restricted product selected from a group consisting of cigarettes and alcoholic beverages.
"Whether the patent would hold up or even be worth litigation against an automated beer or cigarette vendor is a reasonable question," I feel a need to challenge your statement here with a strong rebuttal from the USPTO:
Patentability
The USPTO tests patent applications for novelty, utility, NON-OBVIOUSNESS [color=red][/color]and description. A marketing strategy applying for protection as a process must also meet these guidelines. "Novelty" means that no protected aspect is already patented and that no one has published or publicly demonstrated the process more than a year prior to the application. "Utility" means that the process has an industrial application and the USPTO finds most anything to be useful, whereas "NON-OBVIOUSNESS" means that the process CANNOT BE A LOGICAL IMPROVEMENT [color=red][/color]or process that any person could concoct without specialized training.
[color=red][/color]
NOW... in lieu of this revelation from the USPTO I would hope that your statement "but the Autospense subsidiary has already proven more than willing to go up against a heavy hitter in court if the need arises"[color=red][/color] might take on a completely different meaning.
Furthermore, in response to your statement of "I don't believe Todd Davis will be too concerned if American Green uses their shareholders' money to bring a frivolous case to court" - I would hope, for the betterment of his investors, that he recognize the difference between apples and oranges... AJMHO, of course, along with the USPTO, FWIW...
It appears that the MMs are intent on breaking through the $.0127 PPS support...
Shares traded are 12M sold on the bid, and 2M bought on the ask...
Competition, you ask...straight from the USPTO...reference the ERBB/Robert Tomassi patent that pre-dates ALL others...
Inquiring minds want to know...
I am not a patent expert, but, if appears plain to see, From the ERBB/Tomassi patent:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=6,711,465.PN.&OS=PN/6,711,465&RS=PN/6,711,465
This very first sentence of the patent says it all…”Vending machine having a biometric verification system for authorizing the sales of regulated products.” I assume that THIS MEANS ABSOLUTE, COMPLETE PROPRIETARY RIGHTS FOR ALL SALES OF REGULATED PRODUCTS. I read this to mean that if anyone that tries to sell regulated products such as Marijuana, or other types of governmentally regulated products, or methods of dispersion, will infringement of the patent rights that ERBB recently purchased from Robert Tomassi, the holder of the patent. Anyone that wants to sell regulated products, such as MJ edibles, medicinals, etc., will have to seek specific licensing agreements with AG...
Also, it is important to note that these patents are international, and AG controls all rights in the world for dispersion of any kind of regulated products such as MJ.
This is a game changer, for companies that possibly did not do their preliminary patent rights DD before embarking on this journey. Or, they have deep pockets and can afford to pay AG for infringement...and a licensing agreement...or, they might feel that ERBB is NO threat to them... This is AJMHO, of course, FWIW
I am the holder of patents, myself...and not an legal expert, in any way, but I wanted to give a quick response to the poster that thought he might be posting a PR from EDXC, in hopes of putting ERBB down...
In reality, he elicited a response that should bolster the proprietary rights credibility of ERBB, while potentially harming those investors in EDXC by giving notice of potential legal challenges down the road...
Furthermore, I do not have PM capabilities, and cannot respond to your PMs... If anyone wants to repost the DD, then you can take that responsibility upon yourself...
And, in response to another statement...
"All of the claims seem limited do to these types of products, not related to cannabis. I'm not worried though...they have the resources to deal with any potential litigation they may arise, but I doubt it."
I would think, as always, when buying stocks that the "buyer beware" statement applies... AJMHO, of course, along with Robert Tomassi's patent claims, FWIW
In response to your EDXC PR...I think it important that this company take note of a possible patent infringement on the ERBB/Robert Tomassi patent #6,711,465...
I would think that AG attorneys might want to take note of statements and claims in the PR put out today of such statements such as "The Autospense technology differentiates itself from competitors in many ways, including the use of ID and biometric thumbprints for identification. In addition, the technology includes built-in support for regulatory measures, such as printing receipts with batch numbers and labeling that's required under Colorado law."
Also, I would think that the statement "the company has made tremendous progress in working with a leading law firm and Colorado's MED in addressing the major client concerns about adoption" will be an important statement, as well, as there might be some legal client concerns about possible patent infringement on the ERBB/Tomassi patents... JMHO, of course, FWIW
From the ERBB/Tomassi patent:
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=6,711,465.PN.&OS=PN/6,711,465&RS=PN/6,711,465
This very first sentence of the patent says it all…”Vending machine having a biometric verification system for authorizing the sales of regulated products.” THIS MEANS ABSOLUTE, COMPLETE PROPRIETARY RIGHTS FOR ALL SALES OF REGULATED PRODUCTS. I read this to mean that if anyone that tries to sell regulated products such as Marijuana, or other types of governmentally regulated products, or methods of dispersion, will infringement of the patent rights that ERBB just purchased from the holder of the patent. Anyone that wants to sell regulated products, such as MJ edibles, medicinals, etc., will have to seek specific licensing agreements with AG.
Also, it is important to note that these patents are international, and AG controls all rights in the world for dispersion of any kind of regulated products such as MJ. This could open up the door for major investment capital for AG.
This is a game changer, as something as powerful as proprietary patent rights increases the worth, and respectability of AG.
NOW...what is NITE doing with a 5.2M share offer to buy on the bid...
Could he be just doing a head fake to scramble the brains of inexperienced investors?
Could he be throwing up a statement wall that the downward spin of the PPS buck stops at the $.0127 support?
Could he be sending a signal to the bulls that you can come in and buy now, as this is the floor that I am establishing?
Or, could he be throwing up a big bid figure to provide a cover for the shorts, and his fellow shorting MMs, to cover on the bid...as is done sometimes?
So many things to consider...so many ways that investors are manipulated...so many ways to lose our money...and so many companies in the pink sheets that make promises, and can not be trusted...
Do I listen to the cheerleaders?...Do I listen to the bashers?...Do I do my own DD?...And, do I try to share with others any information that is found?...Especially, when so many are prejudicial and biased in their views?... So many decisions in life... LOL AJMHO, of course, FWIW
From a stary-eyed investor's viewpoint...many will hear, and NOT UNDERSTAND...will see, and NOT PERCEIVE...
From an AG management standpoint...if the blind leads the blind, they both will fall into the ditch...
From a realistic, real life, DD perspective...if it walks like a duck, quacks, has feathers, likes water, and flies south for the winter...it ain't an elephant...
From a hopeful perspective...trust me...the check's in the mail... AJMHO, of course, FWIW
I was not here last year and cannot comment on that...but, could the float be larger now due to convertibles that were dumped? And, it only went to $.11...with all the news media exposure that it was getting...and, it has been on a steady decline ever since...
Yeah, I know, some will state that it still is up hundreds of percent over where it was last year...which is true...but, the reality of the matter is that this is a positive spin put on a shakey situation...as, ERBB has not yet returned to its glory PPS days...and one should be trying to figure out why, instead of defending it with a spin that will appease others...
One other note...that $.11 run was done with NO assets, and just PRs making statements, and promises, many of which has yet to bear fruit... IMHO
Yes,nwsun...and there are many un-believers that do not see the wisdom in the truth that you speak, and blow one off for sharing their common sense observations and experience... LOL
And, more common sense also tells us that a float of 3.25 billion shares will also kill any kind of sustainable bullish run...
WOW...NITE and ETRF are sitting heavy on the ask at $.014, and it definitely appears that they want the PPS to go lower...
OR, they are encouraging some serious bullish buyers to come forth and buy through the $.014 ask PPS...
Who knows...who cares??? The PPS will move whenever the MMs (Market Manipulators) decide to loosen the choke hold yoke, and let the ERBB thoroughbred breathe and run a bit... AJMHO, of course, FWIW
There are a lot more knowledgeable than myself on this board, that are more up to speed on some of the questions that you ask...some having been here since the inception of the company... Sorry I cannot help you...
I may be wrong, but I believe I heard on Fox that she had previously been confirmed, very easily, for lesser positions, by both the democraps and repuglicans, and that the upcoming confirmation hearings would be just a rubber stamp formality...
nwsun...just some observations about so many 10,000 share trades...and some other observations added in, at no other charge... LOL
First of all, it looks like there were many of them on the bid with some on the ask... We have to assume that could be pure manipulation by the MMs, as very few investors are going to spend $10 on a trade just to buy or sell $138 dollars worth of stock...So, yes, there appears to be a message being sent...even though we might not know what that message is.
Secondly, the MMs could be short of shares, as there are lots of shares of ERBB that are being tightly held by long investors, etc...and they are communicating their need for shares...
This can be a good thing, even though the float is 3.2 billion shares, if a large sum of those shares are being strongly held, that would put a premium on those that are still "floating" around out there waiting to be bought by new investors to the dance. Throw in the shorts, and the PPS could rise to $.05 - $.10 with hundreds of millions of shares traded...
Thirdly, for some odd reason those 10K transactions could have been one order that was processed at 10 separate trades...probably not, but it could happen. The MMs may have been having troubles filling orders at this time...
Actually, there appears to be NO dumping going on...as there are 7 million shares bought and 2 million shares sold. Just some manipulation by the MMs... JMHO, of course, FWIW
http://ih.advfn.com/exchanges/USOTC/ERBB/trades?trade_set=recent