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Re: None

Friday, 03/02/2012 1:47:43 PM

Friday, March 02, 2012 1:47:43 PM

Post# of 163718
FWIW. Confirmed that Ironridge has completed its debt payment obligations (total ~$3M) to the Creditors, on schedule.

During the period mid-Nov thru end of Feb. approximately 21M shares were traded with a total market cap of around $11M (VWAP).

Essentially, telling me that the majority of shares traded throughout this period were by swing traders and/or short sellers (remember, Ironridge only possessed 6.9M shares, and that's presuming that they've sold every last one).

Bottom line is that you can blame Ironridge for up to 33% of the trading volume, but who are you going to blame for the other 66%?

Fingers pointing back at anyone reading this? anyone? anyone?

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