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qureka

10/19/12 3:59 PM

#14015 RE: FreeGrass #14014

I believe Q is due by 11/15.

As for cost of patent, it was less than $1170 and was paid by Rice, so that is not associated with the selling.

Hate to say it, but no lift off is due to a current lack of capital to pursue the business plan and no official announcements (such as a contract) that can be reasonably forecast to specific future revenue/profit. The patent alone may or may not lead to future licensing/production contracts. There is too little known at this point what it can yield.

The market can project revenue/profit once there is enough known about how it is going to come about, but not on blind faith. Therefore, I can understand a lack of committed buying that would drive the price higher, but I'm not sure what is driving the selling, nor whether it is over yet.

All that said, the patent is a big hurdle to clear in reaching any agreements. Hopefully, it was the last hurdle and we'll see something announced soon.

crunch55

10/19/12 6:19 PM

#14017 RE: FreeGrass #14014

Company is not diluting to pay for the patent...Why do you think that...the fee was minimal like $1000 and change.No insider sales for quite some time now.News and it will run and those that want to keep it down will lose their agenda IMO.