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mikeymgd

03/14/12 7:45 AM

#57195 RE: blue dog #57193

I cannot see how that could happen. We have no information that would point to many millions in production so 2 cents could be dramatically too high. Add to that the fact that the OS 2x greater than the last run to 2 cents and soon to be even bigger.

The float increases almost daily and that means each day it would take more effort to create a rally. Add to that more an more shares are getting purchased at .006 or below. We will have tremendous resistance just to break one cent and than beyond that would be an unreasonable market cap.

In the end we must understand that a 2 cent stock would mean a 30+ million dollar market cap but I would not be confident they have any big numbers from production yet and based on one year of miserable management and lack of transparency, I would not hold my breath that things are going good.

Breaking the .008 resistance will be key and I feel all eyes should be on that. It will take something rather monumental to beyond there and than would be another massive buying surge to break 1 cent.

Personally I feel 2 cents could not be reached for the next 12 months but 24 months it is possible.