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Re: IcePickr post# 102160

Friday, 10/22/2010 2:04:32 PM

Friday, October 22, 2010 2:04:32 PM

Post# of 111729
I don't follow your logic. They moved rapidly and stealthily (as usual) and sold 200 million new shares before anyone was aware of the new A/S. If past performance is an indicator the rapid sell-off will continue immediately following some new fluffy PR aimed at getting the SP temporarily up a little (yet another JV, another potential customer, some new product that might be made out of algae, whatever - you've seen them all) and then sell the rest. As others have noticed the time between issuing these 1/2 billion tranches is getting shorter (presumably because the SP keeps dropping - currently 1/2 billion shares is only worth about $300K and BEHL is possibly selling at a special rate to get these huge numbers sold quickly IMO). So isn't it likely that the next 1/2 billion will be released early January? No wonder the SP keeps dropping, dilution will do it every time. And still no product or way to extract and make it.