This morning, Kisan Int'l Trading out of Dubai (which is owned by IFFCO and is where IFFCO keeps it's stock)) filed a Form 4 with the SEC. The Form 4 stated that they bought 103,500 shares today at 40 cents, increasing their stake to 20,103,500 shares. Obviously this is a very good sign that IFFCO is starting to buy stock in the open market at these ridiculous prices.

Let's see if this buying continues. If they bought the big block this afternoon, it would hit the filings soon.

I would assume that the big block today was purchased by an existing large shareholder who would have to file if they own over 5%. I will keep checking the filings and let everyone know if I see anything hit up.