Replies to post #403 on Cross Atlantic Commodities Inc. (fka CXAC)

[insureman]

As of the last report in Sept of 2007, the float was 7,617,340 but the O/S was only in the 25 million range. As you can see by the earlier post, the O/S is now almost 70 million but I'm not sure if it's insider's holding the add'l shares or if the company has increased the float.

IMO, the company is using the stock to secure new financing. That's just what I think so don't base your decision to buy on it.

[insureman]

It looks like there are no shares for sale. It wasn't until somebody sold 1.8 million shares at .009 this morning that the buy orders got filled.

Right now, we're at 4.9 million bought and 4.9 million sold. IMO, until the MM's decide to short sell or until the company increases the float, there are are going to be an equal number of buys and sells every day.