TAO Minerals Ltd. (fka TAON)

[Bob22701]

My motives are pure. I own TAON stock. I want to see the company succeed.

For that reason I will give you my opinion on what has happened since Friday morning.

Friday Jan. 28 -
TAON releases its latest 10-Q.
The 10-Q for TAON in the name of full disclosure shows an increase in the number of outstanding shares.
The apparent "dilution" provides an "opportunity" to short the stock.
TAON stock price drops due to strong shorting activity.

Saturday Jan. 29 -
TAON is upgraded to OTCQB because of SEC reporting and full disclosure.

Monday Jan. 31 -
The upgrade to OTCQB brings in new investors to TAON that liked the company but weren't willing to invest in a "PINK" company.
The price of the stock increased about 20% because of the new interest.

Tuesday Feb. 1 -
New investors kept the stock price firm throughout the day.

Wednesday Feb. 2 -
TAON stock price held firm through the morning and then dropping in the early afternoon due to some very low volume trades.
TAON stock recovered some before closing due to some short covering.

IMO there will be some significant short covering that still has to occur. Be positive.

Bob