RE: The People holding 30. 40. 50. thousand shares or more can be definitely bewildered and damaged on paper by a drop this steep especially when the news was supposedly ground breaking. There are people here with much larger positions than that and when you take a look at just about any stock on the venture this one has outperformed big time. It is quite natural for some profit taking. Those that participated in the private placements are sitting on very large gains. Most are very content to hold tight but obviously not everyone is going to hold onto all their shares. Many have probably sold a few and will let the rest ride.
I think we will be getting news very soon.which will take care of this pull back.