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_God_

06/08/16 10:52 AM

#22005 RE: Rainmaker80 #22004

It looks like the convert sellers are still reading to your posts and still selling. Instead of putting the bid and ask within a few dollars profit for tens-of-thousands of shares, they are now widening the gap. Before the ask would be .013 while the bid would be .0125.

Now the ask was .0159 and bid was .0125 at the open of the day, now that no one is buying the ask went down to .0149. Convert's are just trying a different tactic to sucker retail into buying shares at a higher price. They aren't done selling, and judging by the asks and bids, I feel they have a lot more to go... JMO of course.
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art35

06/08/16 2:08 PM

#22006 RE: Rainmaker80 #22004

OK---

Do you "KNOW" how many shares have traded between this .012 level and the .03 (support) level-----???

That is a difference of only .018 cents---chicken scratch as some would call it---

My point is---who bot all those shares??? if it were one person or one entity, then they would own at least 5% of the company---and perhaps 10%.

Would they not have to "declare" this to the SEC-----