I saw the same strong support for 6-9 months at .30/share, .20/share, and .12/share while they sold new shares to accredited investors out the back door at 66% discounts. The Investors were no doubt selling old shares at retail while buying new shares at 66% discount to retail. Every time the SEC reports came out showing huge dilution at 66% discount the retail price fell hard. I expect they will sell new shares after the R/S at $1 or less, while retail is paying $2- $3. Current issued price for new shares is and has been .02 to .025/share so 40X.02 = .80/share!!!!!!
All the proof in the last 2.5 years of SEC reports!!!
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!