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To: jimmenknee who wrote (4165)	12/26/2010 2:56:50 PM
From: SteveF	Respond to of 53574

You forgot the 9.97 million $.50 PIPE shares. Maybe Justice can shed some light on those. siliconinvestor.com jimmenknee Member Profile jimmenknee Share Sunday, December 26, 2010 2:52:37 PM Re: mikeo56 post# 85458 Post # of 85466 The odds do not favor that-- quite the contrary: Quote:But should not that number of shares coming into the market slow down drasticly now that most of the private placement share have been put into the public float already. The largest "block" of shares were the 8,260,842 involved in the PP @ $0.80 In addition, you had a substantial block of "debt repayment" share-- 3,420,000 -- also @ $0.80 sec.gov Those were "locked up" until July with very little opportunity to sell above 0.80 ... also given the innuendos related to former Pak-it employees, one could speculate that those .80 shares will probably be the strongest selling pressure going forward. 1.60 level continues to be the target for sell-pressure release-- moreso than the time it takes to absorb them IMHO The very strong push to blame "shorting" is interesting given that clearly the largest dynamic comes from within. ( #msg-58125127 )