It boggles my mind that in the face of indisputable facts showing that the selling pressure is coming from new shares posters here try to attribute the selling to "some idiot" or "MMs" or "short sellers."
The new float and shares outstanding as of the end of February will be updated on otcmarkets.com in the near future (likely before a financial report comes out) I am certain that the data will show that the seller (lets call him TS) is selling newly created shares. Why am I so certain? History repeats itself.
It is one thing to dilute your shareholders in good faith but SFIO promises things like financials (promised as of two weeks ago) and a Real NicStic (promised in the next week and a half) at the same time that TS spends money on pumpers (see CRWE PR's) and then sells shares to anyone foolish enough to believe their lies.
Why do I refer to these promises as lies? Where are the financials? Where is their Real NicStic?
How do I know that the Real NicStic will not be out by next Friday as promised? AHN confirmed that the company never bought the million filters that SFIO put out a PR claiming to have purchased. In fact, AHN confirmed that SFIO has never placed a single order with them for filters.
So much for the 5's today. Some idiot dumped a lot of shares. Back to where we started.
Share Structure Float 222,703,991 a/o Jan 31, 2011 Shares Outstanding 504,484,423 a/o Jan 31, 2011 Shares Outstanding 479,527,454 a/o Dec 31, 2010 Shares Outstanding 429,967,714 a/o Oct 02, 2010
That is an increase in the float of 72.6 million shares (48.4%) from Oct 25 - Jan 31 That is an increase of 45 million shares outstanding (9.8%) from Oct 25 - Jan 31
The float increased by 174 million (356%) from Jan 1 2010 to Jan 31 2011