The numbers for tax loss. I would love some feedback There were 68 million shares traded in the last six months at .882 cents plus the two placements of 30 million at $.88 avg for a total of 98 million avg $.882. If you look at the 1 year chart the avg for the first six months is approx and $.80 cent avg, so depending on what happens share price wise from now until mid Dec they may not be an issue.
The question, what happens if Trek shareholders dump there positions for tax loss? Everyone, and I mean everyone that owns trek are underwater period!!! Take a look at their one year chart, don't look at the five. :(
I know this sounds negative short term however, once this is done there is definitely an opportunity. When they drill nca's property we all know its going to get interesting and from what they say, they won't need money.
Anyway, this didn't turn out to be the fast money I was hoping for but if there is a chance to load up sub $.70 maybe even $.60 this is a retirement maker.