Thems Fighting WordsI think it is ridiculous to think that management (Ryan Deslippe and Keith McKenzie) orchestrated the stock decline down from 60 cents to 25 cents. However what I think is plausible is that the same group of investors and their front man who orchestrated the pump also shorted the stock and drove it down. Management is too busy trying to make a go of things to really get involved in shorting stock. But the front man (some of us know who he is) is playing both management and the stockholders. Firstly he drives down the stock price so the company can't get traditional financing. Next he plays the role of the white night by suggesting a private placement. Oh to be a fly on the wall when he tells management he can't raise the funds at 30 cents but still wants the same finders fee if it flys at 25 cents.
The bottomline is that management is only guilty of being naive. Maybe someone will have the guts to post the name of the front man. I wouldn't dare!!!