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Fares

01/21/14 11:12 AM

#10609 RE: saladbar #10608

Links to said promoters? Or pure conjecture
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pennystockeyes

01/21/14 11:12 AM

#10610 RE: saladbar #10608

Not really a need to promote this stock, its on everyones radar already, with some positive news out too! This thing is going to go regardless
BONU!!
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The Claw

01/21/14 11:16 AM

#10611 RE: saladbar #10608

dilution would mean constant bid whacks and selling and we have double the buys vs sells today and no diluting market makers on the ask
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saladbar

01/21/14 4:06 PM

#10716 RE: saladbar #10608

Promoted today by at least 4 major promoters. 130M or so shares traded. Looks like 100M or so new shares put into the market to raise capital when you compare to the volume levels over the last couple of weeks.

The good news? The company probably pocketed substantial operating capital from the sale and since this is not a routine practice, it may not be required again for a while allowing the share price to move again unimpeded.