Excellent post.
"It is clear that at this very time, liquidation is taking place. Hell, the sell-buy ratio so far today is a horrific 10:1. There may be good news on the horizon, but clearly potential investors like Tinkerer have performed their DD, have spoken directly w/the CEO, and have formed a mental timeline of events and legitimely believe that there will be no near-term positive catalysts to beat back the current dilutive environment. I get that. "
Someone is hitting the bid in size again today. The near term trend is extremely bearish and could head under $.10 by the end of 2013 barring a material news update.