Monday, January 16, 2012 1:52:52 PM
The question is who pumped the stock?
Anyone with a large position in the company could pump it. Cen-1 did not have to buy shares directly from David, which would have put them on restriction. They could have gone into the regular market and bought shares like you or me. They may have accumulated a few million shares, then paid for a pump. At .88, and having made a lot of money, they probably cashed out, taking the money and running. However, seeing how easy that was, they probably did it again. This time, they loaned David a bunch of money and got warrants in exchange. They then bought shares, like they had the first time, and paid for a pump. At .44 they cashed out again, making a nice profit. When they sold, of course the stock would drop like a rock. They continued to sell into the drop to cash out all their shares, and drive the stock down. When the stock seemed to hit bottom, they converted their warrants at a 50% discount. They got them for .07, and that looked like a guaranteed price to make money. If not, they can do another pump. That is the most logical explanation. You admitted that David never sold shares and that his shares are restricted. So, he hasn't sold any. You claim that they pumped it just to get the share price up. He has told us that he never paid for a stock promotion. You can also check the SEC forms to determine if CXLT or NSAV paid money for a stock promotion, which they haven't. If they had, it could have been the biggest waste of money of all time, because stock prices go up and come down all the time. NO, stocks are promoted to cash out big bucks, and nobody associated with CXLT/NSAV has done that. It does make sense that CEN-1 did both pumps because they stand to make the most money. As I said, FOLLOW THE MONEY!
Lastly, only an idiot would change the ticker symbol in the middle of an expensive pump that he is paying for! David didn't know and didn't care that Cen-1 was paying for a pump. That's why he changed the ticker at the time he did.
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