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Gold Seeker

06/19/10 10:51 AM

#26603 RE: opportunityknocking #26601

Opportunity, when I initially communicated with Moro about Constab, it appeared to me that he felt "above" these guys at Comstab and did not want to share his superior knowledge on the subject.

As for secret trials, that just does not happen in public companies. It would be a material event and have to be disclosed. The only trials mentioned in the filings are diagnostic for the POC test and as far as we know, they don't even have that ready for trials.

I too agree that the "churning" BS that MH refers to is just that, BS. There isn't anyone churning this stock nor is there anyone shorting this stock. IMO, I really do not see any investors selling the stock. I think they are just holding on hoping for the best. IMO, almost all of the selling probably comes from Moro using stock to pay for services. The selling comes in spurts and those unloading are not investors. I could be wrong and some investors could be selling but I think it more likely to be stock sold for services performed.

What I do see happening is the demand for the stock even at 5 cents is beginning to dry up. The fact that Moro cannot sell any Dog RECAF cannot be kept secret. Moro could always just come up with press releases like RPC makes up and buoy the stock price. Obviously, he has money now for a year or more if he conserves so I don't think he really cares about the stock price anymore nor the number of shares outstanding.

I do think Moro actually thought Dog RECAF would sell like hotcakes. I think this situation of Dog RECAF not selling may be an eye opener for him. Anyway, I think you will probably see more decline in the share price if Moro continues to pay for services with stock.
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Gold Seeker

06/19/10 5:59 PM

#26605 RE: opportunityknocking #26601

Opportunity, I had not considered it before but maybe it is Comstab that is not interested. Back in late 2009 when the money crunch was so extreme, Moro probably would have made any deal he could to raise the stock price and get more money.
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Gold Seeker

06/19/10 6:07 PM

#26606 RE: opportunityknocking #26601

Opportunity, something else to consider, Moro still does not have a US patent for any kind of therapy. His latest attempt went abandoned last February but Moro has recently made a plea to the patent board to allow him to reinstate the application. He claimed to have "accidentally" allowed it to lapse from Sept 2009 to March 2010.

The plea was approved and it is back to being considered again after more modifications.