A note on downward pressure.....Don't forget about the private placement. Rember the placement price was for 50 cents a share. So, lets assume "someone" is sitting on some BBS stock but also wants to get in on the private placement because of the option to buy at 70 cents. What can you do to get in on in it AND not spend anymore money? Easy.....you buy X number of shares in the private placement and sell the same number of your existing shares at ANY price above 50 cents. Essentially you would have traded shares you hold for shares with an option. This covers your position on the private placement, leaves you with an option to buy at 70 cents and with a little profit depending how high above 50 cents you purchased. Today's selling didn't go below 54 cents which would allow for commissions. Hats off to all of you who had the forsight to cross over. This is whAT CONstitutes a smart investor who sees what it coming. Do you see it???????????
TOB