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Re: janice shell post# 4295

Tuesday, 12/03/2013 12:44:09 PM

Tuesday, December 03, 2013 12:44:09 PM

Post# of 4484
Speaking of totals, what might be the tradable float for a retail investor?

Using (and trusting) the numbers they give for the totals (i.e. they divide their common stock into two issuance categories), and subtracting off the restricted, I get approx 310M.

However, there are holders such as AG Pacific with 195M. And a chart of misc entities having 160M, which blows the 310M figure out of the soup. A potential mismatch of what they say, and what they do.

Here was the stock activity during pump week:

Date Close/Last Volume


11/07/2013 0.048 633,350
11/06/2013 0.047 6,261,690
11/05/2013 0.0545 6,613,881
11/04/2013 0.046 7,575,517
11/01/2013 0.04 3,736,331
10/31/2013 0.04 6,366,480
10/30/2013 0.039 8,610,873
10/29/2013 0.027 3,772,679

The activity since resuming trading:

10:10 0.005 426,976*
12/02/2013 0.009 283,399
11/29/2013 0.008 400
11/27/2013 0.01 311,050
11/26/2013 0.01 453,150
11/25/2013 0.005 2,303,840
11/22/2013 0.004 981,130

With these dates as the only ones with 1M or more shares traded prior to pump week:

07/15/2013 0.0245 7,359,501
07/02/2013 0.036 2,042,563
04/17/2013 0.03 1,063,237
12/19/2012 0.03 2,049,092

The point being, due to the amateurish way the pump was conducted, it just didn't get that far in dump volume. Post suspension dumps usually are less than the prior pump volume, but not by much. This one isn't seeing large volume. Which brings up the possibility the retail float could be as small as 60M. Where such a small retail float would exacerbate the ability to match up lots and PPS on the grey market.

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