In my discussions with Chris it is apparent that the holder of the CD is working with the company as to not deflate the stock price any lower, LOL. What is surprising is that this stock doesn't seem to move whether there is volume or not. What does this mean? Good question and since I have no facts regarding this, I can only offer my opinion and speculation of what may be occurring. The OTCBB is under going some very trying times as far as funding is concerned. The companies that seem to be legitimate are having an awful time at trying to keep their doors open. Funding at the moment is probably the most expensive and highly dilutive as it's ever been. If you are willing to take a risk in any OTC stock, the key is does the company have a legitimate product and how many shares has Management dumped on the market personally in their attempts to justify their funding. At the moment I haven't found any shares sold by Management. As crappy as the market has been, as terrible as some other companies have shafted their shareholders by selling shares at any cost, THAT HAS NOT HAPPENED HERE IMO.
With the New Year coming, I expect there will be some announcements soon in regards to "I'm on Air". Either I am totally missing the boat or we have a stock at current levels that has almost no risk IMO. Once again, MANAGEMENT HAS NOT SOLD ANY SHARES. Certainly I don't like CD's but when the CD's have some restrictions, the pain is not so bad. Which brings us to another issue, why doesn't this stock move when we have volume? There is the million dollar question and one I can't answer. Opinion only, as other companies have issued news regarding CD funding, the stock tanks almost immediately.
Do the MM's play off the fear of investors and purposely keep the price down? I have no idea.
Do the MM's naked short millions of shares knowing that soon they will recoup these shares at lower levels? I don't know.
Is it that no one takes this company seriously even though MANAGEMENT HAS NOT SOLD A SINGLE SHARE PERSONALLY?
One can arrive at many different scenarios with what we know and don't know. I know this, the doors are still open, our share structure is still reasonable and IMO the company is trying very hard to make a go of this without selling the farm.
One other bit of information, Chris Curtis still is the largest shareholder here, because of that, regardless of what many think, I believe he will do what's necessary to create some value here.
I will leave it at that and wish all of you the happiest of Holidays.
Please keep in mind these are my opinions and thoughts and should be viewed as such.
Here's looking to a GREAT NEW YEAR with this investment.
weo
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