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Friday, August 01, 2014 12:28:36 PM
On july 22nd the float was reported on otcmarkets.com to be 12,795,418. Add 1.7 mil to that and you get the 14mil plus float Frank mentioned on here and twitter.
So if you do a little deducing you will see that the short volume reported is not actually short volume but shares being added to the float.
Like I Said before, i am not concerned about it as there is really not much left in the o/s to add to the float since the ceo owns 50 plus million and has stated he is holding.
The company is most likely not doing this either as stated by Frank. This is residual converted debt being sold in very small amounts and there isn't much left imo.
So in short, not concerned about this but highly skeptical this is being shorted at all.
Just trying to make sure we all focus on the facts and virtues here and not blame or justify everything on an assumption that shorts are controlling this price action.
Of course this is my opinion.
Good luck all!
This is my opinion and ONLY My opinion. Please verify with your own Due Diligence.
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