The following may have a lot to do with the drop. It never looks good when the principal share holder is selling to this extent.
r. Gravitz's interest in the Issuer decreased because he sold 750,000 shares of common stock to an investor in a private transaction.
ITEM 5: INTEREST IN SECURITIES OF THE ISSUER
a. Mr. Gravitz is the beneficial owner of 1,657,205 shares or 3.3% of the common stock issued and outstanding of the Issuer.
b. Mr. Gravitz has sole voting and dispositive power over 1,657,205 shares of common stock of the Issuer.
c. The Reporting Person has effected the following transactions with respect to the Shares during the past 60 days:
On January 18, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $1.86 per share.
On January 19, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $1.84 per share.
On January 22, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $1.78 per share.
On January 24, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $1.79 per share.
On January 29, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $1.88 per share.
On February 1, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $2.42 per share.
On February 7, 2007, Mr. Gravitz sold 750,000 shares of the Issuer’s common stock to an investor in a private transaction for $1.90 per share.
On February 13, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $3.12 per share.
On February 15, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $2.79 per share.
On February 16, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $2.81 per share.
On February 20, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $3.02 per share.
On February 21, 2007, Mr. Gravitz sold 5,000 shares of the Issuer’s common stock to an investor on the open market for $3.35 per shar
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