Saturday, January 26, 2013 10:31:32 AM
Congrats to those of you who are finally realizing the downside that exists here and are taking some profits before the bottom falls out on the share price.
Management is cooperating by not announcing dilutive funding until the last possible moment.
The "pump" campaign was very well planned. I'm still wondering how much each of the "advisors" were compensated for their "support". The next quarterly filing should contain this information.
The company has 1,000,000,000 shares to utilize and I expect it will use all of them several times over to raise needed capital if it wants to continue in operation.
I thought this would be below .08 by the close yesterday but the trading volume is dropping faster than I expected and some individuals are still buying hoping for another bounce to make a few percentage points of profit.
Should close below .08 on Monday and below .05 by next Friday.
Remember predicting when a certain share price will be reached is at best a difficult proposition.
GLTA
p.s. Averaging down as it falls and praying for a bounce can result in dire consequences.
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