yeah, I've been reading some of that SB-2 you were talking about before... their conversion ratio is what 50% of the avg low for 20 days, or something like that.....
once again it looks like a potentially good company but a sh*tty cap structure...
I'm looking at a 2 day 1 minute chart. Since lunchtime yesterday, there have been 7 distinct 3+ million share trades at a spike below the Bid that is deeper than the spread. That's over 21MM shares sold at a discount to the market. The most recent one was 3,883,000 sold 7 minutes ago @ .034 when the bid was .035.