RE: What affect willNot all of the time, but most of the time, when private placement
shares come out on to the open market the s/p is well above
the price that they bought in at. This is due to companies always
giving themselves the placement when the s/p is at its very lowest.
In TSU case the current s/p is almost at the price the private placement
s/p that they all got in at. So we will not get as large of a sell off as when
the pp holders would be selling at a double or more if tSU was trading at say $.20.
The problem you do have is that some of the holders may have been spooked
seeing the s/p fall and just want to get their money out. I have found from the past
that it should not have that much effect and will go by the wayside once a few of
the nervous nellies have sold. You have to remember that well over 50% or more
would have been employees of TSU and they do not get in placements just to
get their money back.My opinion is that we could see $.085 for a while and then
head on back. The results of c12/c13 can change all of what I just said though !