<<<This company's pissing a river of cahs and has no customers.>>>
Funny, last time I communicated with Mr. Cangelosi, in addition to telling me that VWAP had now been fully tested and is now in "locked down" status, he indicated that institutional interest in using VWAP was significant. In case you don't know, (imagine that you not knowing something) Mr. Cangelosi is the Vice President for New Product Development with the Philly stock exchange.
Of course who knows for sure what the interest will actually be, but in just a few weeks, we will have a chance to see for ourselves. However, those closest to the information, e.g., Ashton CEO, keep giving hints that the institutional interest is significant. As you may recall, Fred's first estimate was 20 million a day by end of year. A few weeks later he raised his estimate to 20 to 30 million by end of year. It's been reported by another poster, who recently visited the company, that the 20 million share figure may not be out of the question come July. 42 days just isn't that long to wait, and much sooner than that the Philly itself will be making an announcement to affirm the official start date.
Regards
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