Doubloon and Beigle - I've bought a little but waited to buy enough to make my normal portfolio allotment because it is a pinkie and all the numbers in the world have to be based on faith. With the selling, it only makes sense that some insiders are selling.
I've only recently started buying more pinks and most of the time I limit myself to the pennies because they attract the momo's.
A stock like this that sells in the dollar and up range appeals to the value player, which is where I do most of my work. However, when it is a pink, you really can't do DD and that's why the stock price has languished and fallen, along with my speculation that some insiders or "shell" owners are selling in pretty decent volume.
I suspect we have a continued downward - stall trend and then at some point the company will come through with status on going to an exchange or OTC BB. Before that, it's all at the whim of the manipulating pinkie MM's, and they, I guarantee, are reading this board.