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Re: asdgwest post# 98566

Saturday, 08/21/2010 2:53:32 PM

Saturday, August 21, 2010 2:53:32 PM

Post# of 111729

They started dumping after breakout, of course. But from yesterday, they start dumping in AH. Same as the days before the breakout, They dumped total 270M shares in 2 weeks. Why they dump in low price? Because the debt holders want to convert shares lowest as possible which make them more profits. Also, it helps for them to dump in bulk when there are more bid supports when price goes flat. This is why, BEHL slowly goes down and suddenly the price drops more after minimal price depression for consolidation.
Including AH/PRE, OBV indicator shows, it's dilution the line goes deeper than before breakout. They ceased while it's breaking, then now they just started again yesterday.

Just wait for 0.0014. This is the price, 50% discounted, for debt holders got for the 23M sold in two days. They will keep dumping, any price above 0.0014 is gain for them.

What's next is, just my guess, Since Denass keeps selling/converting debts at this low price, I guess, there maybe another A/S increase in a few months. Anyone claims longs, I recommend to trade smart. You can't win for the company operating under sold shares in market. They don't operate on revenue, but on investors money. There's no reason to hold to death until it breaks up to afew cents which I don't think it's possible until r/s



Your thoughts are very insightful. I have been puzzled for a while now as to how this is all going to end. IMO to date there is little evidence that the focus is on selling product, but it is clearly on selling shares. So I think that you are right. It will be interesting to see if you are right and the stock indeed drops to $0.0014 in the next few days (might take an extra week with another PR about more opportunities in China and South America that don’t materialize) and then sits there. Another A/s increase (to 2 billion?) would surely dilute and drop the SP to below $0.0010.

The puzzle is the end game, what is the purpose of all this. According to Gofer the end game is the sale of Founders Shares in January 2011. What do you think? Surely these shares will have been diluted to next to nothing also? Or can they be protected from dilution somehow – allowing the founder to collect and walk? Or are we all wrong and is the intent indeed to make and sell products? My opinion and a simple question.