GSM,
Some selling, yes; but over 250,000 shares on the sell side (50,000,000 pre split shares) alone is alot of volume, especially when supposedly Laotian sucked up 800-900 million shares based upon your earlier estimates. That would mean that there were very few people left with non-restricted shares from before the deal, or a significant number of the old creditors are dumping shares. Of course all of this is based upon the word of Pierre that the company isn't printing shares and selling them on the open market. I am placing alot of faith in Rich by taking his word that this is not the case.
What type of news could we be looking forward to coming out in the near term to prevent this stock from being driven down to the single digit pennies or sub penny range? You know as well as I that if there is no hard news during this down time until April continued selling will put this company back on the floor. There needs to be a continuous stream of PR's with real meat in order to bring new investors to the table and support shareprice from the selling by old DCUT shareholders and creditors. Please advise!
Thanks in advance,
italian30
