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Friday, March 18, 2011 11:13:49 AM
We know that the A/S count is 250 MM shares, not 33 MM, nor 79 MM, or whatever else is out there. It is certainly conceivable that the company sold a bunch of shares to raise money when the price spiked last month. Need to fund operations right. This stuff isn't free to make. As an OTC stock they have to issue an 8K to authorize more shares.
The A/D line is relatively irrelevant from a technical perspective in my book since BB listing took place only at the end of January. We do however need to put in a good bottom here at the .005 mark and bounce soon or we could be in trouble.
That's my two cents. Still here and will see you all next week.
Whatever.
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