There are going to keep hitting the .08 cent bid. If the company is in fact buying shares back I don't think you will see much of a change until Christmas. Great time to be buying your shares back when it's year end, volume is rather slow except for what they are accumulating. I expect to see further downside right up until the new year when you will see a pop in price. There are 410 million shares making it a 32.8 million dollar company, so if the company wants to purchase say 50 million back they will do it as cheap as the can, maybe in the way of a shorting this stock heading into Christmas. I suspect the price will get worse leading into Christmas as volume drops off. Hopefully they can create a panic. . I'm waiting until they get the price as low as they can to create the panic then I will create a nice position. Put the coffee on it's going to be awhile.
Soon the sky will be falling.
GLTA!