Institutional Holders I think we now know why the institutions were selling btwn Dec 31, 2011 & Jan 31, 2012. This was a question I asked in the last couple of days.
This news release is all the more reason that arrogant Ken must go (as soon as possible). Many good people got the Axe today and I can't help but to wonder if maybe these people were beginning to show signs of supporting the disgruntled shareholders???????
Anyone who thinks the EIS information will be completed and a flood of offers will come in is in for more disappointment IMHO. Unless Ken is relieved of his CEO duties this will be a 50 cent to 1 dollar stock for several years...and guess who will pick it up for peanuts in the end!
Poor longshoremen. The pain looks to continue on. We do not deserve this.
GLTA
Pickinbottles