US BioTec Inc (USBC)

[mket01]

OBSERVATIONS:
1. The 2.6 million shares traded on 12/11 was likely due to the release of financials on 12/8 and not due to a "leak" of the 12/12 announcement.
2. The trading patterns have drastically changed. Spread has decreased and volume increased significantly. Since the run-up to .25 last September, there has been unrelenting sales in 20k, 50k and higher shares blocks, bringing the price back down to a low of .05. In the last few days, volume increased quite a bit with what looks like mostly buys. Look at today so far: 2.4M shares traded, yet the price fluctuated between .077 and .095.
A year ago, with much less volume, the share price would have gone up several hundred percent. Interest (Demand/Supply) is definitely the price equalizer and brings back down to earth the MM fees(spread).
3. Financials:
Bad news: the figures do not include cash flow.
Good news: sales increased drastically Year over year (05-06):
(This is what I am most thrilled about):
2004: $1,277,606

2005: $1,635,387

2006: $ 314,872 Q1
$1,046,932 Q2
$1,375,207 Q3
$2,737,011 Total so far - on track to surpass $3M.