Monday, April 02, 2012 9:31:31 AM
The issue here was the very fact there was no “dark side” manipulating this for a run to dump into. The company no longer has any money to pay for promotion and the debt holders here can dump at any price due to the large discount of 60% of the current share price, in fact one Note Holder gets a 50% discount. This is done and the company is making it pretty clear that this is done, I would not expect to see Q1 filed and allowing this to be delisted from the QB.
Today also start another round of dilution as a $105,000 Note matured on the 31st of March. I figure a few days for the manual transfer of shares due to the DTCC chill here and they will dumping away to a new low of .0001.
THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.aspx?board_id=23867
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