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Friday, November 16, 2012 8:28:39 AM
1. Market makers spread the bid and ask which slows trading.
2. ShareHolders were NOT willing to sell a share at .0011, ( 400,000,000 shares could have traded ). If MM's filled at .0011 they would lose money covering and have to compete with shareHolders when trying to cover the IOU shares.
3. Market makers could have filled those .0011 orders but didn't, they had done it before.
4. The .0015 asking price is at least 3x or 4x too low.
5. KATX will have to go back to at least pennies for shareHolders to start trading again.
6. ShareHolders are waiting for and expecting approval of S-1 no one is chancing losing BVIG shares.
7. Market Makers have run out of powder/ tricks to lower, attack our Kat's. We are at the bottom!!
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