Biolife Sciences Inc (BLFE)

[SteveF]

Simply put there is one thing that proves the float is tiny.....The way it trades. PERIOD.

You don't get a run of a 1000% run from .009 to .09 on under 2 million traded unless the float is TINY.

Not true. If a large block of the OS is held by one person then what you describe is simple to manufacture with a little manipulation, and one person controlling a huge percentage of the OS is exactly what happens following a 100:1 R/S.

A 100:1 R/S occurred a couple weeks ago. The AS stayed at 500 million while the OS decreased by a factor of 100. There is only one reason to R/S: so the company can sell and/or issue new stock...

But don't take my word for it, just look at the trading history since the R/S on Aug 24 (pasted below). It isn't physically possible for that jacked-up volume to be coming from retail - there weren't this many shares left in the hands of retail following the R/S. This volume can only be freshly-printed stock issued by the company post-R/S. Was anyone holding warrants or options that converted immediately when the R/S occurred? The data below demonstrates textbook manipulation: a wash-trading effort last Friday that created the initial "run", meant to attract as many speculators as possible to absorb the dump which began in earnest today).

	 
 Date      	Open 	High 	Low  Close/Last Volume 
 09/07/2010 	0.05 	0.11 	0.035 	0.035 	981,893 
 09/03/2010 	0.009 	0.059 	0.009 	0.045 	994,912 
 09/02/2010 	0.0075 	0.009 	0.0055 	0.009 	143,500 
 09/01/2010 	0.009 	0.009 	0.009 	0.009 	2,400 
 08/31/2010 	0.009 	0.009 	0.009 	0.009 	2,280 
 08/30/2010 	0.009 	0.009 	0.009 	0.009 	37,500 
   <<< 100:1 Reverse-Split >>> 
 08/24/2010 	0.01 	0.01 	0.01 	0.01 	59,000 
 08/23/2010 	0.02 	0.02 	0.02 	0.02 	85,000 
 08/20/2010 	0.01 	- 	- 	0.01 	0 
 08/19/2010 	0.01 	- 	- 	0.01 	0 
 08/18/2010 	0.01 	0.01 	0.01 	0.01 	5,000 
 08/17/2010 	0.01 	0.02 	0.01 	0.02 	1,097,995 
 08/16/2010 	0.01 	0.02 	0.01 	0.02 	9,850 
 08/13/2010 	0.01 	0.02 	0.01 	0.02 	7,050 
 08/12/2010 	0.02 	0.02 	0.02 	0.02 	20,000 
 08/11/2010 	0.02 	0.02 	0.02 	0.02 	2,000 
 08/10/2010 	0.01 	0.02 	0.01 	0.02 	33,750 
 08/09/2010 	0.02 	0.02 	0.01 	0.02 	2,228 
 08/06/2010 	0.02 	- 	- 	0.02 	0 
 08/05/2010 	0.01 	0.02 	0.01 	0.02 	10,000 
 08/04/2010 	0.01 	0.01 	0.01 	0.01 	6,000 
 08/03/2010 	0.02 	0.02 	0.01 	0.01 	367,298 
 08/02/2010 	0.02 	0.02 	0.02 	0.02 	10,200 
 07/30/2010 	0.02 	0.02 	0.02 	0.02 	6,000 
 07/29/2010 	0.02 	0.02 	0.02 	0.02 	5,800 
 07/28/2010 	0.02 	0.02 	0.02 	0.02 	149,367 
 07/27/2010 	0.02 	0.03 	0.02 	0.03 	15,617 
 07/26/2010 	0.03 	0.03 	0.02 	0.02 	99,719 
 07/23/2010 	0.03 	0.03 	0.02 	0.03 	117,291 
 07/22/2010 	0.03 	0.04 	0.02 	0.03 	267,313 
 07/21/2010 	0.04 	0.05 	0.03 	0.03 	1,135,948 
 07/20/2010 	0.10 	0.14 	0.04 	0.07 	4,188,394 
 07/19/2010 	0.04 	0.13 	0.04 	0.12 	955,497 
 07/16/2010 	0.05 	0.05 	0.04 	0.05 	184,850 
 07/15/2010 	0.04 	0.06 	0.04 	0.06 	333,360 
 07/14/2010 	0.02 	0.05 	0.02 	0.05 	1,525,708 
 07/13/2010 	0.02 	- 	- 	0.02 	0 
 07/12/2010 	0.02 	- 	- 	0.02 	0

http://www.nasdaq.com/aspx/historical_quotes.aspx?symbol=IFHRD&selected=IFHRD