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Alias Born | 03/07/2014 |
Monday, May 11, 2015 5:03:40 PM
The MM's are still just running this one through the crusher it seems.
I guess 87 MILLION shares of pure dilution (see latest 10-Q, just filed and compare O/S share count to the 10-K filed just before that)- I guess that much mass share dilution has a major effect on the common shares and how they trade? Maybe? Plus qty-5, FIVE more toxic, floorless, convertible debt deals in 2015 already probably can't be helping much (see the 10-K and recent 10-Q: Vis Vires, Daniel James, KBM Worldwide, etc)
This thing just about revisited its all, all, all time new low of .0045 again today. .0049 today is getting pretty darn close.
If these dilution lending firms, the hedge boys, the MM's - if they take this down hard on another leg down, this may see the .003's here soon IMO. It sure seems to be setting up that way to me. Easily the .004's again- well, it actually touched the .004's already again today, now didn't it.
Brutal in here on this one right now- I don't see what's possibly going to reverse this massive, 1 yr down trend at this point? "PR" doesn't even seem to make a blip of difference anymore and they just filed the 10-Q and the PR about the supposed "great quarter" and all? I mean what else is there left to change the trend?
Just seems like mass dilution is the power force now on how the shares trade- that's the way it looks to me. What can reverse that- I don't see it?
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