Going down with the ship, not me. Reg D shares are an amazing thing. There is only one direction.
Mark my words, that OS will increase. They have no choice IMO.
Just do some basic analysis from lets say September. June would be better, but then the gray areas appear as we have no idea how long the increasing Authorized Share Increase plan was in effect. We traded above .01 for a long time there, so it makes sense that capital raising was not happening in that time range. The volume doesn't support it.
$1,591,085.00 Total money traded since Sept 3rd
331,158,500 Total volume since Sept 3rd
% for flippers, % for people baling, % for cycled shares
Lets say 10% to 20%, so 33 million to 66 million; I think this is low, but it's a swag. A OS from 650 million to now, is about 418 million.
I use this date, because we traded over .01 all the way to OCT 7th, of which $394,903.00 dollar value traded in the time frame, and only 39,201,600 in volume. If you match these data points to the new supporters of the stock and the announcements of the company, you may be shocked. They had to hold support and thus backed off the sell button.
So that gives us, $1,196,182.00 traded since Oct 8th, a volume of 291,956,900, CSTI and other diluters. Huge speculation spikes and new trading ranges, and of course, the established current range.
And the real beauty of it all:
Date- $$$ traded- price- volume- low- high
20101022 $86,509.00 0.006 13,008,800 0.006 0.0073
20101025 $14,968.00 0.0067 2,302,700 0.0059 0.0071
20101026 $11,856.00 0.0063 1,810,100 0.0061 0.007
20101027 $21,027.00 0.007 3,185,900 0.006 0.0072
20101028 $17,147.00 0.0061 2,721,800 0.0056 0.007
20101029 $42,872.00 0.0045 8,244,600 0.0041 0.0063
20101101 $103,872.00 0.005 21,198,400 0.0038 0.006
20101102 $76,681.00 0.0034 18,042,500 0.003 0.0055
20101103 $62,931.00 0.003 17,241,500 0.0029 0.0044
20101104 $61,307.00 0.0036 17,516,300 0.003 0.004
20101105 $29,733.00 0.003 9,591,400 0.0026 0.0036
The drive down from .0073 to .0026, the question is what is the regular investor percentage of all that volume? Clearly, there is still a huge amount of shares out there. I anticipated a push with some of the money gained from all the selling being used to bring awareness to sell more shares, not so sure there anymore. If it does happen, it will be from a 3rd party representing the funders so they can dump the remaining shares. It's all cat and mouse from here, and will be based on what this board does. IMO The hope I'm sure is during the lull, that we collectively surge it and establish a higher support level. The problem is they aren't dealing with idiots and will have to figure out a new game plan.
My apologies for the detailed response, but some need to see it to actually understand what we're involved in, and frankly the positive spinners can't dispute the actual data. Pink companies need capital, nothing more than fund raising.