Sanomedics International Holdings Inc. (fka SIMH)

[Gremlin9999]

The are not really manipulating the price. The terms of these convertible notes that SIMH and other companies issue give the holder the right to convert the amount of the note to stock at a lower price than the current stock price. So for example if the stock price is .02 and they have the right to convert @ 60% of the current price they can convert @ .012. They then immediately try to sell the stock at the current price .02. If their is not enough buyers @.02 the price will fall. These note issuers are not long term investors. They just want to get their money back with a profit so they can loan it out again. Much like loan sharks. But if no one else will loan you money you go to a loan shark