Verde Science Inc. (VRCI)

[exlud]

Two possibilities come to mind.
The last 8-K gave us this news: "On June 9, 2011, the Company accepted the resignations of Mike Kurtanjek and
Michael Heenan as directors and officers of the Company."
According to the last 10-K, Kurtanjek held 4,800,000 shares, and Heenan held 100,000 shares. They could have unloaded those, which would account for some of the volume. If that is the case, the timing doesn't really inspire confidence.
The other possibility is that the next 10-K will have a "stock issued for cash/to settle debts" entry. Somewhat less worrying than the first scenario, but dilution all the same.
The well log news seemed positive, but was a bit cryptic. It'd be nice to get a more substantial update from the company.