THAT'S WHAT I'M TALKING ABOUT....This kinda of sharing is what's the board is suppose to be all about. Thanks for all the DD information, BuckhunterYou are the man.... I'm still reading and will post an opinion after....
A new option for companies delisted from NASDAQ may be on the horizon. NASDAQ is developing the BX Venture Market specifically to provide a trading platform for small companies who do not meet NASDAQ’s continued listing requirements. NASDAQ has stated that the BX Venture Market will have lower financial listing standards than the major national securities exchanges, but will have similar corporate governance requirements. NASDAQ is expected to launch the BX Venture Market in 2012.
IMO once we break .175 ... we will fly to .26 and higher because of the lack or resistance in that price range (.175 - .26). If you count the shares traded in that price range (~2.5 mil shs), there was very little volume. Therefore, there should be very little resistance on the way up.