Deano,
In response to your post about the shorts, (Hedge fund activity), I suspect this little run-up we are seeing right now at the beginning of the new year is, (In my opinion), more manipulation by the Hedgers than anything. With the size of the Float, they need more people holding shares in the Coffers of the online Brokerage houses, so more shares are available to borrow from NITE, (NITE is the Main Supplier for shares of penny stocks for Hedge Funds for shorting), and when they borrow shares thru NITE, then the short sales don't show up as FTD's, (Fails To Deliver) more commonly know as Short Fails or "Naked Shorts". Remember, the Higher the PPS they are able to short at, the more Profit they make when the cover. IMO, They haven't covered 1 single share yet, and this little Manipulated run-up is for a higher share price for their short sales.
We need to fix the I-Box a bit, you or Harr put a couple Major Companies in there as "Clients of Michelex" or Pristine/Nu-Med, like "Walgreens" and "Walmart" ect. Well I have been making some phone calls trying to get some Confirmation on this info, and I found out that neither of these 2 companies buy from Pristine/Nu-Med. Walgreens Manufactures "THEIR OWN BRAND OF OVER THE COUNTER MEDS" They have a Manufacturing Plant in Illinois, I don't remember the name of the city the Plant is in, But you or Harr Listed Walgreens in the I-Box as a Client of MLXO and thats not true, neither is it for Walmart either. If the Company is feeding this to you guys, then they are blowing smoke, we need to be careful to make sure everything in the I-Box is Accurate Info, because if it's not true, then it looks like "Pump", and we don't need that. I'm currently waiting for a list of all the OTC Drug Manufacturers in the states, I want to see what the Competition is out there, and also info from the other stores to verify that we actually have deals with them as a Supplier of OTC Medications. I've always been the Double/Triple check/verify info "BEFORE DISPLAYING IT IN THE I-BOX".
