Look at the wall at 3 cents and endless amounts of bids at 2.5 cents.
I am concerned that this company is now backed onto the wall and a hostile takeover might be proposed or possible. It's a given that the price has been manipulateed down to under 3 cents for a reason..
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Slick 05, come on you serious with your manipulation comment or just forgot to read about their latest stupiditY?
Them clowns are going to dilute this by another 160 millions shares, offered at the lowest possible price permitted by the TSX 0.05¢ and to boot offer a FULL Warrant galore at 0.10¢ again at the lowest permissible price and valid for 4 YEARS ...you read it right 4 years ! ( Iguess they don't expect the share price to reach mcuh more the 0.12¢ in 4 years time ! or elected to handle the Corporation over on a silver plater for cheaps should it managed to reach 0.20¢)
But wait to top it all of - they proposed to put some icing on this cake and smack with the kiss of death - do a share consolidation 10 to 1.
And you wonder why people are exiting with their tail between their legs, and presume it is manipulation ?
Manipulation alright , manipulation by the BOD and it's incompetent CEO to start with !
Wake up for crack sake !