Replies to post #1503 on Spotlight Innovation Inc. (fka STLT)

[subslover]

Nice NEWS just hit.
http://ir.spotlightinnovation.com/press-releases/detail/66

[WiseWoodMan]

It should not only last it should go up on the news. It will have products in stores q2 meaning huge profits.

[Ecomike]

I love today's news, maybe over night buyers will spike it back to $3/share.

But today's volume was so high, and the price moved so little I have my doubts.

http://ir.spotlightinnovation.com/press-releases/detail/66

If they actually do what they say there, we could see revenue for the first time this year, instead 5-10 years away (short of a buy out, or partner). With the US crack down on pain killer opiates, all the bleeding disorder issues with NASIDs this could become a dynamite product, new OTC pain killer, if they get major volume distribution.

Anyone know what the prior CEO, major stock holder is doing and why he named a new CEO? Is he still the COB? He is the single largest shareholder, way over 50% owner last time I checked.

[bonehead41]

That explains it, Thank You

[Ecomike]

Who the hell is selling in volume and crashing the price? Near as I can tell there are two major stock holders that own about 80 or more % of the issued shares?

What am I missing? I see no form 4 filings for them selling.