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Monday, March 12, 2012 9:35:08 AM
A few thoughts have sifted through my mind during the weekend. I will try to find the answers to my questions, but any input would be appreciated. I only have 15 posts a day, so I will not post too much.
1. No shares today on Scottrade - I will call my broker and TA today again. I plan to do so every day until I get a definitive answer of when the shares will be deposited.
2. The Form 144 Restricted shares that the directors received ARE NOT subject to the reverse split (I THINK) so they have many more valuable shares. Because they are restricted, they are not necessarily converted into actual common shares yet, so they did not get split.
3. The millions of shares that Asher received DID go through the reverse split, so I would think they are the most likely candidate as to who are putting up the giant block at a low price. Organizations like that don't care about the company they rob or the shareholders they affect.
4. I sent an email to David Fann asking about the QX symbol, but have not received a reply, yet. IF it is true about the QX, that may have been some of the slowdown in waiting for FINRA...?
5. Until the R/M is actually announced, I would not imagine that there will be much bid support or trading volume at all - so I am not all that shocked about unusually low or unusually high spikes on small trades.
All The Best
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