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SevenTenEleven

10/14/07 6:53 PM

#1033 RE: The Rainmaker #1032

I should hear back from TA by tomorrow. I will post the OS and float once I get the information. We should see some action this week. Not sure if shorts begin covering unless their positions are uncovered. If news is released that gives positive direction on what management is going to do with shell or existing business, we could see the pennies again without a reverse split. I doubt there is much resistance until a penny or higher.
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SevenTenEleven

10/15/07 1:33 PM

#1034 RE: The Rainmaker #1032

TA faxed me new OS. Have to post when I get into office tomorrow. Only one market maker sitting at the bid. Looks like Cornell continues to sell to market makers to help them cover their shorts. When will it end?
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SevenTenEleven

10/17/07 12:33 PM

#1055 RE: The Rainmaker #1032

Rain,

Looks like $0.0003 is holding up. Bid dropped to $0.0002 twice today but rebounded. 8 million shares traded all at the bid. Is this the last of the selling and could we be seeing some sort of guidance soon?