What Is Prudent
A healthy technical retrace is prudent.
Just from a pure technical standpoint.
I'm sure ClayTrader would agree, and
might have already formed a short position.
If you take into account the convertible notes,
the warrants, and the additional ATM dilutions,
then the retrace could even be more severe.
And taking into account the lack of revenues
during the past Quarter, many reposts of old
news, the typical SA articles you always see,
all to help compensate for a dilution campaign
supported by hype with unproven justifications,
then you really need to think about disclosure.
Also, "IF" this manages to hold over $1.00 for
10 trading days, then there will even be a more
definite reason for a retrace, since holding over
$1.00 will no longer be an issue. Therefore then
fulfilling that much needed technical retrace.
The Bill and Melinda Gates angle was not profit
oriented. It was more of a capital infusion in
regards to a humanitarian effort, which is good,
but was not designed as a monetary effort from
which either party would profit from.
And judging by the sudden disappearance of
those crafted dilution campaign postings, you
want to think twice about adding or holding.
The longer this stalls in this area,
the deeper the retrace will be, imo.
All in all, a reassessment would be healthy.
Just some basic TA and common sense.
JMO
