I just got off the phone with Steve Gersten, Vice President of Elephant Talk/Validsoft. He sounded as frustrated as I did. He says he doesn't know anything happening at ETAK to explain the negative price action. He did say there is talk on Wall Street that because of the various initiatives in Europe that there is a feeling that money will have to be raised to pay for some of the infrastructure. He said he had no knowledge of any specific plans to do so. Apparently some meetings this weekend may shed some light on things.