Hey man, it could have been much worse I agree. We have to find out how many unrestricted were released. It could be 50 million or 20 million or 90 million....who knows.
One thing is for sure, there is no marketing being done yet. They've said for months they are "fully operational". If and when we start to see advertisements and social media campaigns I'll be more inclined to believe a word or two from this company. Until then, they are still worthless and the pps is still sinking. Glad I sold out b/c I can always buy back if and when they ever truly LAUNCH.
Don't forget, either the company or holder of the unrestricted shares ran this P&D this week. They paid someone $77,500 to dump about 5 million shares IMO. I'd guess they have plenty more to sell. I'll continue waiting for a bottom here. In the meantime, I'm going to try to find out just how many were unrestricted. If we could determine that number we would have a better idea of when the float is getting locked up IMO.
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