The reality is low volume and no sp movement at a low low price
If there was to be success then greed would certainly move in as smlmedlge so aptly states
There would be more volume with buyers bidding up the sp to about 25 to 30 because those in the know would not want to "miss out" on such a likely event
There are those in the know from Gea and the Canacord brokers who are vulture brokers and previously bid it up and there are the directors and families etc
Result = very little volume no accumulation and a weak "make show" insider buying of $ 5,000 to $ 10,000
even Peter Lacey stayed away from buying this time
They can't even unload their positions if they wanted to it would push the low bids down to 2 cents where the value is -according to Spenser Romberg the most they could secure was 65 % of 10 million for their 6.5 mill loan which will hold them to Sept or Oct before they file -number 1160 all in the course of business shareholders are always the bag holders
no JV no company the market lack of buying says so if there was to be a 10 bagger Bay street vultures would already be all over it. Only the retail dummies dreamers are desperate to hold on because there are scared to take their loss