Whitetiger,
~~"There was that dumping this am when there are more shares already out here than there should be. I think that was either people holding that were very nervous about this gibberish about lawsuits and nonsense about what if's."~~
I'm just not convinced that it was shareholders that were dumping. "Paper" was freed up from some where, but, I can't believe it was from individual investors. For several weeks Euto's price has languished at $.08 - $.09 on pure speculation of the status of the 50 million share whereabouts. Now, all of a sudden, we have the answer to that question that even the "naysayers" were harping on, plus a plan of action PLUS a finite time frame and now loads of people decide they have had enough and bail?? Sorry, without further proof I don't buy it. I'm sure we were/are looking at a carefully orchestrated event involving the "ghost" companies and MMs.(IMOH) An event that basically, IMHO, I consider to be a non-event for the most part concerning the average investor.(except those lucky enough to put on the feed-bags and scarf up some of those $.05 shares today!<G>)
I'm not sure of the implications if, indeed, there are any. I, for one, am just relieved, to a certain extent, as we now have a time frame in which to guage progress. That is more than we had for the previous 2 months.
Pure speculation on Theo's part!:)
Theo |