Why does it seem fishy. RCBM has been selling shares whether real or phantom for weeks.. If he was selling,then some one was buying. Those who bought in the low .012, .011 are now selling for a nice gain to those who think it will go higher.
You are confusing the share structure float with what has been sold. The company says there are 12 mill in the float but if MM have been naked shorting, that adds to the float. so the current float is 12 mil + what ever has been naked shorted. Could be 20, 30, 40 mill.. who knows. The hope here is that eventually, thoses naked shorts will have to be coverd so that the actual float is back to 12 mill, that is when this will run big.
