coiled spring...RE: longs...I strongly beleive this more about raising the 48million then anything else. Look at the details of the financing...for every share you invest @ $1.20 you control another half share...so the big houses ALREADY KNOW where this is going so why hang on to 10million shares WHEN you can dump it in the open market and BUY INTO the PP and basically exchange your 10million shares for 10million + 5millionbonus = 15million shares.
I mean its an absolute no brainer for these big guys...the real money is made in these private placements becuase the "juice" is the fact your getting these extra shares....so when the price goes to 5bucks you just made another 5 x 5million = $25million MINUS the 1.20 it cost you = approx $19million.