RE: KHA's questionThere are 85 million shares that are not held by insiders (Tingey has 10.4M and Beukman has 1.4M) and nobody else has over 10%.
Can an outside entity own a large % of total shares of a company without being noted somehow or somewhere? One site listed 0 institutional investors and Eugene said about 1/3 of shares were institutionally held. Just from the recent financing alone, or from previous ones, wouldn't Canaccord or MineralFields be considered an institution?
And in the future if a buyout pops up, how would a company or institution hide the amount of shares they have gathered? I assume they would trade under different house names (this seems to be a common tactic) but if the accounts were traced who would they be traced to?
I don't buy the entire nefarious picture you've painted, but I don't dismiss it all either. I see that putting up 100k or 200k blocks with such low volumes is usually sufficient to scare or force a few ~100k shares to be sold at half a penny lower. I'm certain that any takeover 'artist' would be completely jolly over this masterpiece.
I can't say I haven't benefited from trading in and out over the 1c gaps but those instances have just been blatant opportunities that anyone would have jumped at. Do you think that 30 people doing that would create the appearance of some great manipulation?
Whatever the case, I'd be interested to see whose names all the shares belong to.