Manipulation. This is my explanation. If you read my earlier posted massage, I tried to offer to buy the shares at $.15 to $.17 when the price was trading at $.1 to $.12. My order was not able to be filled. I really believe it is manipulated by MM. Actually, The shares were traded from one hand to the other hand by the MMs. MMs keep AOBI's price depressed. As a retail investor, it is hard to fight with MM, especially in the gray market. I think going-dark now and going to be re listed in future might be a way to go for the current situation which AOBI is in. It is sad and painful in this process for the investors, but I still have hope on the company. Going dark, AOBI needs to spend more than $4 million for the process. The $4 million is what the company current trading for. Other things I like are the company spent more than $4 million to audit last two year's financial reports and spent $30 million purchased the conversion bond last few years. Yes, it was AOBI's management who created this mess, but I don't think it is their intention. What they did last few things which I mentioned show they want to get out this mess.
I lost a lot of money on AOBI, but I am holding it. Good luck to all.
Hi, My account is with Merrill Lynch. My order was in for a few days and sat on my offering price till it got assigned on Dec 24rd, 304 shares at .15 so it would = 4 shares for me and again I placed an order that sat for a pit for 500 shares at .10 on May 6th. My understanding I would get .50 per share if I understood the report correctly. So it was trading