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Re: Meztic post# 274

Wednesday, 04/11/2012 6:12:18 PM

Wednesday, April 11, 2012 6:12:18 PM

Post# of 381
That's a low floater for ya! Nobody willing to sell cheaper. There are few shareholders out there, that's why I loaded up last week during dilution. Holders of convertable notes were the only ones selling. I ran the numbers, in an attempt to discern just how many notes are in default. My educated calculation (at recent prices) was as of March 19th somewhere in the neighborhood of 7 million shares. My guess is that Mondays sell-off was the last of the defaulted notes. We now need news, & volume. However, I am no pro & could be completely wrong...GLTY.

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