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Message: Big sigh of relief.....

Well maybe not a "big" one....but a sigh of relief none the less, good to have that delisting review positively resolved and in the rear view mirror.  

I had my complaints about DM and about coporate communications, so much so that I was repeatedly censured....I could mention a screw up once and once only, after that the Agora TOS were quoted chapter and verse and enforced to the letter.  

But the past is the past...were the mistakes by design?  I have as conspiratorial a bent as pretty much anyone.  I have long viewed the stock market as a game where the big fish eat the little fish...not peaceful co-existence, retail fish are the prey in my view.  We're the ones who are relied upon to buy high and then sell low, that's my take of the broader capital markets.

Recent history we know...April 17th the annoucement of a "proposed" share offering arranged through BB.  The volume spikes and the PPS is hammered down.....later we find out that over 1,000,000 shares were borrowed and dumped back into the market between April 15th and April 30th.  

Now....just today we've gone as high as $1.55....I think shorts are covering, but they're gonna work it up and down in my opinion.....I would bet they took out all the asks (those that weren't their own) up to $1.55 and then short sold it back down some....then work it back up, then short it back down.  If true would that be manipulation?  The market is buying and selling, its allowed....I'm sure when longs buy in they're hoping that their buying will spur a run higher.  Meh....short sellers could view longs buying as an attempt to manipulate the PPS higher.

I'm not gonna pile on DM at this point.....I'm remembering what he said in his presentation, if not a direct quote is damn close:  "We've been quiet, we're not gonna be quiet much longer".  

The loan has gone through, the delisitng review is now behind us, we have an interview that came out of the conference published by some "news" outfit.  

Don said BETonMACE is properly powered, and given how close we are to the finish line....its not a slam dunk but I figure he's as good a person as any to have an informed opinion.  

SSRA or whatever its called, that's the next check we're looking for.....git 'r done DM, meanwhile enjoy the roller coaster ride.  

 

 

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