Golden Leaf Holding Ltd (GLH)

[cartonet]

Great stuff from SH....


According to RR, anon has dumped just under 12M shares since October. Great friend of the board, banx, indicated about 29M total shares have traded since October (as of 10 days ago)... let's add about 2M shares traded over the last 10 days, so that is 31M total... about half of the original float.

Forgetting all outstanding cheap options, warrants and any share sold over the current price level... there were about 25M shares issued at 2 cents and another 25M issued at 20 cents. Combined that's 11 cents a share.

Only my personal opinion... I need to see at least 19M more shares sold before some sort of price equilibrium is arrived at. Until it happens there is a very high risk that the price continues to trend down and/or collapses into the teens.