Wednesday, August 31, 2011 2:34:35 PM
According to those close to management and are the ones dispensing the koolaid, JJ doesn't give a rat's behind about the shareholders or about the price of the stock.
One should note following the latest update which is no longer on the wedsite, that it failed to move the PPS up that much. But it did help and then what happened...someone sold a ton of shares.
Price goes back down! Now without any seeming reason, a new Q&A and the price goes back from .059 to .068 and possibily a little higher but enough for someone who owns millions of share to make a nice profit. My guess is that there will be another sell off in the next few days. It wouldn't make sense to issue a Q&A right before the deadline expires...not enough time to run the price up and sell. My point! Someone knows where this is going and wants to profit as much as possible before the stock tanks on the announcement that the latest JV contract is no longer valid.
I really hope this plays out different but this is JMO. Hope I am wrong.
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