Will be interestingA new guy has shown up on the CEO board and claims that directors have been buying up this PP. Also states it will be filled very quick. I do not know his source of knowledge or if just talking. But it will be interesting to see what insiders and how much they buy because to me if they are buying then it tells me what I should do(IMO).
Is this an opportunistic PP at this price to give the insiders a bigger slice of the company before blast off ? Will it be allowed to overfill? Has more been done behind the scenes as what some of their releases seem to hint at(plus we all know their history of quetly working away and then bingo). IMO the more the insiders own, the harder it will be for some company to give a lowball offer and force it through.
Also the shorts were filled down to about 15000 and the price rose until anon sold very late in the day on Friday to drop the price back to .07 . It will not surprise me to see the short total rise later next week as of result of that late sale(why would anyone dump shares below what they were selling for with everything that is happening.). Maybe thinks news cycle has ended for a few more weeks?