I think your right! Short interest has been increasing and the price hasn't gone down enough to help the shorts. We are getting ready for another leg up soon. And once Malone owns a little more we will see a good jump. Many will want to be in on that so I expect average volume to increase and the shorts to cash out soon. Because the share count is being reduced earnings will look better. Estimate is .04 this quarter, and any future plans to enhance earnings will not be announced until Malone has all the shares he wants then watch out. I expect at least $5 in a year.
That is what is listed on the OTC market page under company profile. Does that number of 55 shareholders include us also? That is not a lot of people! Two of my children own a few shares too after I recommended the shares. The good news is after all the losses they still love me!
Well this is a low point and probably the right time to buy when your optimism is at a low point, when you, of all people, are discouraged. It seems though since you did buy a few more shares, "So you're telling me there's a chance", the famous Jim Carey line from Dumb and Dummer. I am down 50% on a larger investment than when I first bought and sold this a few years ago.
I noticed yesterday someone bought about 75,000 shares afterhours above .12. What's that all about? I also noticed when they changed accountants they were very careful about how they presented that event, even to the point of attaching a supporting document from the now former accountants, that they agreed nothing bad or funky was going on and all is legit. Never seen that done before. I think they are walking on eggs over there. Mr Brechin seems like a decent man trying to be upright about all of this. He did indicate that this share price does not accurately represent his companies potential.