Unless this company starts providing updates and shows some forward progress, they're going to have a really hard time dumping another 2 million shares at above .016. we're on track to be .01 by Monday. Not looking good.
What a load of old FUD. They provided an update not 24 hrs ago, and have just had a successful IPO. So its going to suddenly drop from 0.016 to 0.01 in the next 24 hrs for what reason in particular? Looking to buy cheap shares?
No kidding. Last I checked (about 2 seconds ago), shares were still trading above IPO price.