Regen BioPharma Inc (RGBP)

[trazbull]

Bingo times 1000! And he has only been on board for less than a month. As far as the current state of the PPS, it could be some shorting but I think the majority of the drag is due to our Angel convert investors who have yet to fully redeem their shares. The large spike over the last days (same effect as a during hours T-Trade, except T-trades are typically dilution from the company and these shares are already accounted for in the total O/S) tell me they have deals to sell to various MM's at a preset price and the MM's short during the day knowing the large sale for them to cover intra-day is already their for them.

Everything with the company is great and on target for massive gains, but the convert shares still to be moved are providing the current drag on price. How many are left to go by them? I have no clue.

Why dont they hold for higher prices? They are or were lenders and want ot be repaid and are already banking 6-9X their investment by selling in the high teens. Maybe they do hold some for the long haul, but that was not their plan going in IMO. Lenders want to be repaid at what for them is already very FAT locked in gains. IMO, when they are done, we FLY!

The more volume the faster that happens.