RE: priv. placement already 2/3rd sold!! hahahaYou want the PP guys to sell?? 10
+ million shares?? Are you nuts, the stock would be at .05 cents if that happened (if even that).
DONT FORGET....this stock was made on a float of only about 2 million shares. But now....well lets just say it takes some good news, and not pure hype to move a stock with 15 million shares!
Look at this morning! Selling@ 1.25 with almost NO support. Then the promoters step in to hold this slug up. Man, unless they have some real news soon, I will unload whatever I have at market price. Imagine when everyone else starts taking their profits.
See the problem is, this stock was built on RUMORS. Contracts, Sask Tel., etc...BOGUS! And when the official news comes "XST announces talks with Sask Tel." or something like that, the stock will GO DOWN because that is what everyone thought was going on already. If they come out and say 'Contract signed with sask tel' the stock may see some support, or maybe see its former levels in the $1.50 range, BUT THATS IT.
These JOKERS need to hire a real promoter and PAY HER, or come out with some 'REAL' goods.
As for any idiot that would pay $1.50 for a PP....get your heads examined! Deals like that are always made at a discount, not a premium....sheesh.