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Re: joborders post# 643

Tuesday, 09/27/2011 2:25:04 PM

Tuesday, September 27, 2011 2:25:04 PM

Post# of 8649
The MOD should communicate with the management and they should update the share holders,or else we all see there is no bid support at all in this,I have bought yesterday as I feel there is good potential in thus sector,but you could see when I was buying at .006 yesterday shares were immediately allotted and in fact you could see that if there are no buyers then the ask comes down immediately to .005 with good quantity at the ask.

That means there are still shares to be offloaded at this price .

If you look at the last 10Q there is a debt note of 550k plus which was to mature on 3rd sep and if that is jot paid that could be converted to shares at 31% to last 10 days average bid price.

And I could see that the bids were just at .002 few days back hence I feel a big quantity of shares might come for sale even at .0025 so until that seller is obsorbed which could be big quantity as if you want to convert that 550k to shares at 0.0025 that could be really really big one and then end of story for this stock,unless the management repays that debt by cash
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