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Re: catani post# 12229

Thursday, 03/05/2009 3:57:49 PM

Thursday, March 05, 2009 3:57:49 PM

Post# of 16405
Catani, it's not that nobody bought. Actually many bought, most from this board! People who still have the hope that someday a miracle happens bought boatloads in the last few days all the while some predicted trip zeros until middle of march. We had a volume of around 10 million shares in the last 2 weeks alone. Somebody had to buy all these shares.

Somebody serious isn't interested in buying a pink stock which had a RS a few weeks ago. So no matter how good they are performing with their software, nobody of the big guys will touch the stock until they move up to at least the OTC and report on everything. In fact if you think about it, who would buy a stock on which he doesn't even know the correct share structure?

Ok here is my prediction. Before 6 -9 weeks are over from here on out we have another RS. Mark my words. I just don't get why they didn't reverse split it with a 500 or 1000 times factor? If they want to sell it down to 0.0001 anyway again why not take it higher so it takes longer to bring it down again?

Or is the seller somebody else and not the company? Somebody who wants to destroy them in regards to the conversion deal? I mean if you look at all the other conversion deal stocks they got destroyed as well. I wouldn't rule it out but most probably it's the company.

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