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Tuesday, March 12, 2013 10:20:34 AM
Shares are tight, so any movement in any direction moves the stock price quickly. I think a lot of the share price movement is due to short selling and those that already had shares. Some certs have been tinkling out and my understanding on those is the people wont sell at this low price. The restricted shares probably wont be release until May-June then they are trade-able. The holdup on some certs is based on a govt audit of the reverse merger, and some of it is the company's lack of getting it done. This is what I got from Suzanne when I called a few weeks ago.
I would call her or email her and ask about your shares. They may be ready for release or at least where are they in the process.
As to the share price, of course there is concern, but for me, if it drops wayyyyyyy down, I plan to grab some if I can.
IMO
Contact : Suzanne Ostovarpour
suzanne@iconosys.com
(949) 547-4742
All post are "IN MY OPINION" and should not be used as investment advice.
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