Every .0001 in pps increase is a point of major resistance.
To flip the par sar to the upside it has to pop to over .0007c. This will probably trade sideways for the next couple of weeks before it can flip.
On Mar.14th the short selling rules are going to change so hopefully that will help make this surge to higher lows and higher highs?
Not sure how much short interest in this there is(and can't remember when the Asher shares become unrestricted)but if there is a lot of shorts here and not just the company dumping this might go higher in the coming weeks?
With the track record here I kinda doubt it though! It seems like the CEO uses this as his personal ATM with NO regaurd for the shareholders.
Like I wrote before,I have been in this for almost 2 years. When I first got in this stock it had a small float,IIRC there were less than 100 million shares. NOW there is 3.5 billion + shares and rising.(don't really know how many shares there is now with the gagged TA)
Back in Jul. the company paid thousands of $$$ to promote this POS. The stock did have a short run,but was KILLED by the dilution machine before any kind of decent pps could of been reached! If they could of waited they could of dumped less and had a better pps and walked away with the same amout of cash. If he could of waited,the chart was heading for a golden cross and would of went much higher from there. But this greedy short sighted impatient CEO can't wait to get his hands on free $$$!!
So yeah,I'm a bitter shareholder NOT a basher.
Everything I write here is the truth so people don't get trapped in this POS stock and lose $$$ like I have. I would love to see this company become self sustaining and make a profit,but it just isn't looking that way. I am giving this until the end of the year until I dump for whatever I can get and use it for a tax loss if they don't turn this pig around by then! I'll probably have a good write off if a R/S happens and the machine starts over with more dumping!
If you are a high risk gambler,only put $$ in this you can afford to lose.GLTA
