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Re: ustaandre10 post# 28602

Tuesday, 07/12/2011 1:47:59 PM

Tuesday, July 12, 2011 1:47:59 PM

Post# of 79471
unlike equities on the big boards, OTC and Pinksheets aren't very regulated... one of the biggest problems with investing in these types of companies b/c MM's just short the hell out of them and run them into the ground b/c they can never raise capital through share offerings.... however, when you have the volume and interst this has, it would be in the best interest of MM's to cover sooner rather than later. The higher the base continues to form, the greater the pps is going to be when the MM's finally cover and the more it is going to cost them.

IMO - they have no shot at covering without pps getting up to atleast .02 in the process ... if we get news and more buying momentum comes through... MM covering alone could take us to .10

It will be interesting to see what today's shorted shares are when the FINRA data comes out around 5