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Re: None

Tuesday, 05/20/2014 4:52:37 PM

Tuesday, May 20, 2014 4:52:37 PM

Post# of 106841
Tested that 200 DMA just as suspected. It went below .019 today. Settled back just above it.

It either bounces IMO, or it's got zero support below that. Could be headed back to the 1.5 cent, maybe even 1 cent range, given all the shares/warrants out their now, a bundle of them all the way down to about 1 cent.

If someone got 18 million shares at ONE CENT, for "services rendered" ($180K payment, most recent 10-Q, page 24), remember- even if they unload at down to 1.5 cents, they still make about 50% return on their money. Which is a stunning ROI, for a short term investment of $180K "services rendered". It's beats the heck out of a savings account ROI on your money. Even if they kept dumping down to 1.25 cents for example, they're still making 25% or so on their money. Who wouldn't take that return, in today's low interest rate environment?

Pouring out all those dilutive shares in April alone, has/will have consequences IMO. Today, I'd speculate is just the beginning.