<I could be off base, but here is my understanding of the trading that has been discussed.
Smithline can convert the loan to shares and make a profit if the shares can be sold for 14 cents or more. On the last share price rise to 29 cents, Smithline probably sold as many shares as possible but the selling overwhelmed the demand and pushed the share price back down. Smithline probably stopped the selling at 14 cents. So it isn't that he wants to keep the share price down but that the selling eventually pushes the price down. If there were significant good news then the demand to buy the stock could push the stock price high enough to allow Smithline to convert all of the loan and make a profit selling the shares.
I think Smithline converts the shares at 14 cents so selling the shares at a higher price does not mean the loan is reduced faster. It means Smithline makes more profit.
mcd >
Why thank you mcd2inga1345wrdg for clearing that up and 1investor for seconding that opinion. And your absoulutely sure it's Smithline doing the selling and not manipulation by Lampost although they have that "state of the art" technology that Gold mentioned. I feel so special that a couple of Gold's cheerleaders took the time out of their busy day to clear that up for me.
I still beleive it would make more sense for Smithline if it is Smithline that is selling, to wait a little longer and sell then since some good news is about to be released according to some on this board. They might know what that news is also don't you think. Don't worry guys or girls the bttle is almost over.
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