Most have been waiting for such a dip. There is some convertible debt that is the target of the buy back. They will try to privately negotiate with the note holders to get rid of them. If they can't, they will support the stock.
I have been trying to catch a realistic dip for the last 3-4 days, lol. I have 2 accounts on standby to help with what I think is happening in the near future.
- SS in the ibox is up to date as of yesterday, no new issued, 1.9 bil restricted for a year, and issued to Wialan insiders. The rest is questionable as to when it comes off restricted, but some is John Folger, so not likely to sell if this Company is successful.
- MAR 31, 2013 filing on OTC market website full of information.
- Transparency exists with the Transfer Agent, nothing hidden here.
- We do need some updated filings, but would rather just see SEC registration statement, so don't care much at this point as long as the TA remains available.
- The PPS at this level will easily pay off that debt from the past. It really isn't that much.
- If the true manipulators try to take this stock down to obtain more shares at a lower conversion, they've been put on notice that the Company will participate in supporting the PPS to prevent that garbage.
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