The thing you NEED to understand is that 1/2 of 1% of Pinkies that say they are going to put out AF's and get off the pink actually do. With ETIM's verifiable deals (MLB, Remeire) they are LEGIT and a place where lots of these penny players will park some $$$$$$$. This is why I believe it will rise, NOT THE NUMBERS, which we know won't be good.......until next year!
"The 2 1/2 billion O/S will have to be adjusted to make this more attractive to new investors... when you see an O/S that high you simply think "PINK"... Not very attractive to deeper pockets.
Two things that I am concerned about is the O/S & A/S... something will have to happen soon... and for investors holding large numbers of shares... well, you know... been there done that."
ETIM announced they would begin the buy back of shares shortly after the AFs are complete. They also mentioned that they are RETIRING MOST IF NOT ALL shares they buy back. JP stated this during the last CC. The OS and AS will improve once they begin to buy back shares and retire them. Every little bit helps IMO.
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