Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Lakingsphan, just to be incrementally more optimistic than you are, I would believe that .0525 became a moment of news-driven rather than technical resistance, as right around that time occurred the story of authorized shares being increased substantially to accommodate the Typenex covenants. As the term resistance is generally a technical-analysis kind of term, I might believe that some higher number might be in order, though I don't know enough to pick a number.

Just to be balanced on these matters, I don't think that the potential announcement later on this week about how cash will have been used to pay the Typenex installment will drive the stock, as this probably has become the expectation due to last month's experience. I think that the next "event" to drive the stock one way or the other will be the terms of the equity financing that the company advertised that it is now seeking.