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Re: None

Monday, 11/21/2005 2:14:56 PM

Monday, November 21, 2005 2:14:56 PM

Post# of 311057
I don't carwhat anyone says, you CAN short a pennystock. Is that what is going on here, who knows. Could be an increase in shorts that anticipate that Dennis is on the verge or is now diluting the market. Could be Dennis raised $30,000 today by selling 10 million shares to anyone with an open purchase order. Could be a few longs with over a million shares are just fed up with waiting this one out and dumped their shares at whatever they can get. They walked the price down a bit so whatever is going on the MM are trying to entice more buyers to enter. That points towards dilution or someone who put in a market sale AON order that the MM want to fill. You are correct that Dennis would be crazy to sell at these levels, but a guy like him doesn't appear to care too much for share price at this point in the game. He probably needed X ammount of dollars to pay bills and said to seel whatever it takes to raise that amount. The dilution idea could be supported by the fact that two PR's were released in the last few days. Company pumps the stock to raise some funds. Either way you peal this banana I still see value. Even with all 200 million shares on the market this one is worth over $0.005. With one project coming to a close Dennis needed to raise fund to start a few more projects so the likelihood that he is selling shares is high.