RE:RE:Waiting for the perfect stormAnother thought about the delay. They know there are bought deal sellers still
outstanding so why give them any break now. These sellers are not your friend
and are not going away. Insiders can take advantage of those sellers who are
going to sell no matter what and buy their shares at below market prices. Bought
deal was done at .68. That 's why you see a large bid appearing every day and
absorbing the selling volume. Those bought deal holders are taking a good loss
on their shares but don't care because they're holding those free warrants which
in effect gives them a break even position with the possibility of large cap gains
down the road.
On the flip side insiders do care and are buying up stock on the cheap. The bought
deal stinks as far as the average investor who sees nothing but a declining stock
price. If there are shorts outstanding from the bought deal they will also be covering
now. What is going on is a slow, grinding clean up and the delay simply aids in the
clean up process IMO. You will never hear any of this being mentioned by WRLG
because that is the inside part of the business they don't want the public to be privy
to.