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morg38off

09/03/15 12:51 PM

#58826 RE: mdm92 #58825

So, good and bad...they will let it run till they get to a price where they will start selling and limit the upward movement at that point till they are out of shares? If so, we would need some great news and enough volume to absorb their selling to get to dollar land :)), where we all hope this will end up.
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webber2

09/03/15 12:54 PM

#58827 RE: mdm92 #58825

I agree,if you look back from when this company first merged in after the big drop there were a lot of conversions at those lower levels and I just don't see the volume after that were they would of sold them. So I think they are holding all shares from over a year or more ago. They have been putting a lid on this to keep it from going up before its time and to convert there final shares. These converters even probably agreed to pay for the debt to get the shares I'm sure they did their research on the company and thought it be a great investment for the future just like what happened to #tek Why else would they hold all these shares . Also there's a lot of shares left over in the outstanding that are not in the float yet. Could those be the shares there holding ? When this goes it will go big I think.