I think that they have tried to post ANY news that they can think of that will be perceived as positive. On the other hand... they have dragged their feet about reporting ANYthing that Has to be reported to the SEC that might be perceived as negative... Such as the HUGE dilution that took place... Earnings 10Q or whatever it's called... AND Chad's cool 25 million shares that he gave himself.
A single stoke of the pen and he gave himself MORE than half the company... and there are no promises that he won't go ahead and dilute the company again and again until there is no significant ownership by anyone but him and those he entices to stick around by giving them millions of shares as well.
Like I said before... I am watching this one closely. If it does go down to .50 or less, as I clearly believe it will... I will most likely buy in again so that I can ride the next pump-a-roony up again.
I don't trust Chad and his "consulting" practices one tiny bit. I DO, however, applaud him for an amazing Hype Job..... and I'm sure he's not done with this yet.
Short term, though.. I'm afraid is going to be a lot like today's trading IF and UNTIL there IS some solid news.
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