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Saturday, May 02, 2009 11:11:47 AM
It should be clear to most by now that something is holding us down. All of this buying at the ASK this last week should have us at a few pennies by now.
It is NOT flippers becasue they don't all sell at the ASK BEFORE the price goes up. It is not shorters becasue they let it spike first. And I have no idea what MM games are. If MMs have been playing games for last several weeks and buying wouldn't they want to sell on buying action days? And one last thing, if MMs were doing this to buy shares, how is it so many Ihubers were able to buy shares yesterday? Kind of hard for MMs to buy shares if they let us buy them, huh?
Anyway, what is becoming clear is that someone that owns some of the original diluted shares is selling. Maybe it is Greg selling LIGATT shares for acquisitions. Maybe the 2 new acquired companies were paid with shares and now selling. Maybe it is some of the former IGTP owners/Directors. Maybe it is some COrnell type company that gave Greg cash for shares. Whatever or whomever it is, it is clear Greg has not been honest with us. He snuck in the DILUTION when he acquired IGTP and then has completely ignored questions regarding the makeup of the free floating shares. Of course, the cynical here would say he didn't tell us because then there would be nobody to sell shares to.
At any rate, large volumes of buying at the ASK (and no uptick) usually always means ONE thing in penny land and I think most have an ache in their belly because they've seen this before with penny CEOs.
PS - Greg says no more blogs because of the haters!! LOL His lawyer probably saw one and after he cleaned up fropm messing his pants, reminded Greg that he has money and movie deals and CAN BE SUED as this is starting to look like promises and lies with no disclaimers. Dam those lawyers!!!! LOL
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