Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[skunksyard]

"You're seeing the market react to all this:"

no I don't Itesprit....if what Frank said is true and I have no evidence that it is or isn't but let's say what he said (that there is a restricted to non restricted conversion going on) is true...then there's a barrel of shares and a bucket of buyers and each timeframe we've gone down in pps to accommodate the exercise in the sale of the barrel of shares...once emptied I'm hoping that's it...and news then has some impact on QBID...

It's like the over production of any product...the price is reduced to meet the supply/demand....over production=shares being let go

Your example jumped into an IPO and ignored the historical costs for Frank Olsen and his yearly cost contributors so anything after that in your argument in my opinion is not applicable to QBID's (TMM) situation...and these costs reflect an 8+ year effort....