Green Parts International Inc (fka GNPT)

[benlurkn]

I would have to agree with your take on this little dip. They have been selling several millions each of the last few days as indicated by the after hour T-trades. With less buying pressure today they seemed a bit more aggressive in selling. These last few conversion shares are creating a very nice buying opportunity that we would not have had otherwise, as the share price would be much much higher without their controlled selling these past few days. I view it as a strong positive as many more strong long-term shareholders have been able to buy in at this bargain-basement price.

I'm sure that Arif tried to buy out the toxic lenders 100% with the SBA loan dollars but at least this one wanted to keep a little of his note for these final conversions as he knew how the market would react to the $5M SBA 6.25% loan. Big profit as he probably converted them at about .0003. But we know we are at the end and that could have been it as far as we know.

All this is doing is giving us a longer window of time to add these cheap shares. I have been in GEQ* since the teens and that action played out similarily as the seller of the last of the conversion shares there had the effect of smoothing out share price increases as we steadily increased toward .05. Expecting the same to happen here. IMHO