What you need to know is what total percentage of outstanding shares are currently short? Without that you know as well as I do that the MM's can buy and sell, short at will. But still the low volume, the low pps is not conducive to a rise in pps because of any type of squeeze. As you can see there has been activity beyond shorting, there has been some buying and selling, could be that smaller percentage is short covering, especially when it drops to near lows ie .022. shorts can cover low as long as someone out there is tired and willing to salvage what they have and sell. So I don't foresee any buying pressure in the future that would get any "short" MM worried, or any reason why the pps would rise at all.
You see when you look at the previous couple of months, Mr Shenher puts out a PR about his relationship with Phoenix to realign his company yet failing to inform investors he's partnering with the owner of Phoenix and establishing a new company, one that will supposedly sell oil to CPOW. "Red Flag" That's not being honest, not being transparent, and NOT going to make any investor happy as to how this information came to light. Suddenly he sells one property, moves to another, one that Shenher owns and rents to the company, yet becomes COO of the company supposedley using that same plant to process seed to sell to CPOW when CPOW was the one who all this time supposedly processed the seed themselves? Yet the CEO states he needs to focus on the profitability aspects? MOPO??? neutraceuticals??? There is no confidence in the investment community when things like this continually happen. To remind you, I asked many questions, none of which have been answered. Strange don't you think for a CEO with only 5 people that he would be begging to get information out to the investment world. And has anyone found out why IBA suddenly disappeared from the scene?????? How many shares were given to Phoenix for their work??? Have a great weekend.
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