Protocall Technologies Inc (PCLI)

[lstedr_adv]

yes stocksplitter...it's looking like a reversal ...but the question til when?

i'm loading myself too

but take a look at this new PR

Protocall's CEO Comments On Recent Trading Activity

``Our fundamental business and future prospects have not changed in any way from last week,' Mr. Newman said. ``We believe the recent high trading volume and decline in our share price was the result of large volume sales by institutional holders of Protocall convertible notes. These notes, which we utilize for short-term working capital, are periodically converted by holders into shares and then sold in the open market based on factors that we believe are often completely unrelated to our business.'

Mr. Newman added, ``The convertible notes include monthly conversion and share ownership restrictions to protect Protocall, but can still result in creating more shares than the market can immediately absorb. Currently, we have approximately $2.9 million of outstanding convertible notes, as more fully described in our most recent Form 10-QSB quarterly financial report on file with the SEC. We are acutely aware of the long term negative impact convertible debt financing can have on share value and are aggressively pursuing a structure that would reduce the debt by way of cash payments, which we believe will permit share value to grow in parallel with the proliferation of our DVD On-Demand service.'

http://biz.yahoo.com/pz/080220/136714.html