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pantherj

09/27/10 12:12 PM

#34216 RE: nh2nc #34214

The PPS has declined steadily over the last few months. The average rate of decline over the last 5 mos. (9%/mo) indicates that the PPS will be in the .0003 range in 10 mos. But, over the last 2 mos the average rate of decline has increased to 16.5%/ mo. At that rate the PPS will be in the .0003 range in just 5 mos.

Some say the PPS is holding steady at .0008, but that would be looking at only a snap shot in time. The truth is that, in reality, the PPS has not held steady at .0008. In the last week far more shares traded at .0007 than at .0008 with a few dips to .0006. Today all shares traded at .0008; no doubt because of the euphoria over the latest PR. (Which, I believe, is being badly misinterpreted by the longs on this board as good news when it is really very bad news)

Of course stocks do not go up or down in a straight line in most cases. Every single bit of information indicates to me that the PPS will continue its downward trend. I see nothing to prop it up over time. Far too many shares have been issued and are still being issued and there has been far too little performance.

Right now it appears that some of the longs on this board are supporting the share price personally by trying to corral a large percentage of the OS. That's their business and their money. Over the long run though, it has been proven by other boards that have tried exactly the same thing, that is a highly risky ... and almost always a disastrous ... course of action.