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Message: Nice move!!

Nice move!!

posted on Apr 20, 2010 04:53PM

On February 25th I stated on this board a complete reversal of the dismal action on this stock and reversed my depressed outlook to buy. " I think I was wrong on my previous posts."

March 22nd post "let them sell."Close .58 on 270+-,000.

April 15th, next move called to $1.

So! what now?

There are still a bunch of .75cent warrants out there that expire in June (the 10th I believe) that will have to go at some point. I think Canacord owns a bunch of these(if not all) and they may have some percieved(although not legal) duty to save some of these to have some sort of supply for the inhouse demand. (It was mentioned in a positive way here{ see attached file in following post.}).

All in all the stock is higher. when and how high is the question. some revenue figrues that I have seen call for $20/share revenue in first operating year (have to believe in the tech) with no future financing needed. Let us not forget the company gets the .75/share for the warrant excercise. Burn rate remains low. Kick in the revenue to a lean operation and ^^^^ woops.

Currently for guttsy traders a pull back to the high .70cent range would be heatlthy. (buyers are more likely to fall asleep.) A close over $1.05 on volume (over 200,00)will indicate a move to the $2,50-2.74 range immediately. Keep your paper and let the market work.{can't believe I'm seeing and calling for this continued volume after the total lack of interest in the .50 cent range}

Life is good. Put some Natcore away for your future and that of the planet.

Regards:

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