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Re: hammy3777 post# 24539

Thursday, 12/18/2014 12:26:22 PM

Thursday, December 18, 2014 12:26:22 PM

Post# of 55244
If you look at the TCEL two month chart you will see a lot of shares were sold recently at .0005 and .0004 levels. This helps to explain why accumulation is at a standstill IMO.

The huge runup was over a week ago. A major breakout did not occur. Rather we saw a sudden reversal and price drop in the past few days.

Most of us don't know if the recent runup was planned or not. It didn't reach higher levels despite being supported by a lot of posts here. The awaited news did not occur.

TCEL issued shares at least in part to pay past bills. It also needs to fund the FDA approval process, which in some particulars is different from prior approvals.

We are still left with some big unknowns: 1) Have any funds from the recent dilution been used for the FDA application process as announced? 2) At what stage is the FDA approval process? 3) How rapidly will it get to a favorable conclusion, if at all?

Best to all longs, Info