The primary reason that GHDC moves up and SFMI does not is that no GHDC shares are being issued to outsiders for work or debt conversion. For example, if Iliad is still getting their monthly allotment of SFMI shares and selling them, that explains much of the selling and seemingly endless supply of SFMI shares. All of the GHDC shares being issued are going into PQ et al.'s pockets, and are not being sold, so any shares on the market have to come from current owners. If the rumblings are true, and financing means the end of the supply of SFMI shares, then SFMI should also move up. It will be interesting to see what happens.

BTW, as of the last 10Q, the number of GHDC shares outstanding was very close to the number of authorized shares. It will also be interesting to see whether GHDC increases the AS.