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Re: detearing post# 2568

Friday, 09/18/2009 8:31:02 AM

Friday, September 18, 2009 8:31:02 AM

Post# of 2590
I think it's the illiquidity created by the much smaller (and much higher priced) share-count resulting from the 400 to 1 reverse split, combined with the recent trading under the new ticker symbol. The company is definitely under the radar. The shares trading today are only 3.75% of all outstanding shares. I'm not sure if the shares that creditors other than Resurgence Capital received are registered to trade publicly yet. Those shares would represent 5% of all outstanding shares, more than all outstanding tradeable shares currently. Resurgence Capital's shares represent the rest (more than 90% of all outstanding) hopefully these will be locked up for a while (or Resurgence will choose not to sell).

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