The million dollar question. In 15 minutes, 430 million shares were sold and 430 million shares were bought. Who knew what they were doing and who got fleeced?
I've developed a theory based on a careful reading of brian's last 2 or 3 posts and it goes like this:
China deal concluded this afternoon. As part of that deal, the Chinese were granted 1 share each (1.3 billion shares). However, they would not accept restricted shares and so they have to be bought on the open market. The Chinese and EFGO coordinated buys/dilution in 9 million share blocks. This will continue Tuesday morning until everybody in China has a share.
When the distribution is complete (approximately 10:47 AM EST), we will get a 10++ PR that EFGO controls all Chinese ATMs and is a billion dollar company and the share price will immediately jump to .23
In my humble opinion.