Starting from scratch....I see that the 80 plus million shares that were sold to raise capital for Hill Street were sold at .175 and the given warrants were exercisable at .30 & .35. Those select shareholders did a nice job in the first 45-60 days, using that collective power, not dissimilar to how the market makers work, in running the price up to .51, and cashing in nicely on both the initial shares, and their respective warrants. As it appears we traded a similar amount of overall shares in the first 45-60 days to those that were issued, including the warrants. Once those profits were realized, the house of cards started to collapse . Leaving us now at a mere .05 over the initial purchase price, but no longer with any vested interest from those parties who were in on the easy p&d monies.
Hopefully now with most shareholders here being under water, the bleeding should stop. I suspect there may be a little tax loss selling yet, as this is a perfect candidate for that, but that should be short lived.
So now basically starting from scratch, with hopefully a little monies left in the coffers and a little more exposure acquired, if Donnelly and crew really do want this company to succeed, we may have a chance to slowly build a base here with incremental gains over the next ten to twelve months. I'm certainly not expecting to see .30's or .40's any time soon(3-6 months) but I'm hoping they can slowly build support and value based on the words I'v heard coming from Donnelly's public appearances. It would be nice to have a slow steady increase in shareholder value rather than these suspicious spikes and collapses. Can we please get something based on real facts, and get a darn break from the typical stock market corruption!?
I think I'll but that on my wish list to Santa.......wish me luck!! GLTA.