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Message: spoke to soon


It seems Mr hughes can be a good chunk of the daily trades depending on total volume. That has to have a capping effect on the SP. Selling into news is a much better way to go, if he has to sell? The first chart is simply historical prices from Yahoo for July 1-8

PRICES
Date Open High Low Close Volume Adj Close*
8-Jul-08 0.68 0.71 0.66 0.71 155,100 0.71
7-Jul-08 0.78 0.78 0.69 0.72 143,800 0.72
4-Jul-08 0.76 0.78 0.75 0.75 38,100 0.75
3-Jul-08 0.82 0.82 0.76 0.78 69,100 0.78
2-Jul-08 0.84 0.85 0.76 0.82 190,800 0.82
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jul 08/08 Jul 07/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 10 - Disposition in the public market -5,000 $0.690
Jul 08/08 Jul 07/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 10 - Disposition in the public market -10,000 $0.697
Jul 08/08 Jul 07/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 10 - Disposition in the public market -5,000 $0.740
Jul 08/08 Jul 04/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 10 - Disposition in the public market -8,000 $0.750
Jul 08/08 Jul 03/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 11 - Acquisition carried out privately 100,000
Jul 08/08 Jun 30/08 HUGHES, RICHARD WILLIAM Indirect Ownership Common Shares 10 - Disposition in the public market -30,000 $0.840
Jul 08/08 Jul 07/08 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -15,000 $0.692
Jul 08/08 Jul 07/08 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -5,000 $0.703
Jul 08/08 Jul 04/08 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -4,000 $0.750
Jul 08/08 Jul 04/08 HUGHES, RICHARD WILLIAM Direct Ownership Common Shares 10 - Disposition in the public market -15,500 $0.760
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