10K is due within the next 36 hrs or so. They or someone sold 1000 shares at .0032 today to make this look not so pretty imo. Why else? Either that or the MMs threw 1000 at the bid costing someone a commission fee for 1000 shares saying if you want em ya gotta come get em. In any case we have higher bids each day and the ask is thinning. With the SS the way it is, this is poised imo for a nice POP. Chart looks pretty damn good too.
This may have something to do with it. The Company repaid the remainder of the outstanding principal and interest on the Note by requiring WTG to enter into the Throughput Payment Agreement with Impact for which Impact credited the outstanding Note balance $876,231 and by issuing 39,890,180 shares (the "New Shares") of the Company's common stock valued at $0.05 per share or a total of $1,994,509 to Impact upon the closing of the Purchase and Sale Agreement. Or this. The Series A Warrants had originally been issued in connection with the convertible debentures. Series A Warrants to purchase 474,521 shares of Company common stock at $0.935 per share remain outstanding, as the holders of those Series A Warrants did not accept the Company's offer to purchase such warrants for $0.01 per share. Or this. From 10Q dated 11/19/08 Pg 20, The Company is also continuing to cooperate with the due diligence process initiated by two potential industry joint venture investors in the Port Esperanza project. A decision by these parties to invest or to decline to participate is not expected until 2009. And of course we should never forget this. Chart. http://stockcharts.com/h-sc/ui?s=tide