a brief synopsis of previous weeks, FEEL is currently undergoing a large marketing campaign that they are funding right now, which should improve profitability and sales in Q3. They have been doing Convertible Debenture Loans and those lenders have been converting some of the value of the loans into common shares. Right now, there's less than 19M shares in the Float, of which approx 60% is CONFIRMED to be held in tight LONG hands. The LONGS have been accumulating these new shares coming into market, but the pps declination is a direct affect of that dilution.
FEEL mgmt doesn't like to put out just any old fluff PR, they only put out PR's with meat and substance. We are "patiently" waiting for the catalyst that will spark this back up.
When this stock moves up, it moves up VERY FAST! The ask is very thin, I'm sure you've noticed the gap between the .008 and 0.014 ask. it will move quickly guaranteed when the time is right.
there's some rumor of a possibly merger, but that's just a rumor as of now based on some DD pieced together from the filings
you've apparently read some of that DD.
As far as an entry point, there's several people waiting on the sidelines for the .005 entry point, at this pace, we may just hit that level, but it's hard to say. That depends on if the .007 level can continue to hold before said catalyst occurs.
Clasko's point about the avg cost that MOST of the longs are at of .02-ish makes any entry at this level a great entry point, but you can wait a few days with a close eye on it if you wish.
River~
