the impact of the well in the us..., page-44

Clipclop

Post raising and options conversion well over half if not close to 70% of the 2.8 billion shares on offer would reside with the Top 20. Im only guessing here but is a top 40 existed then that could equate to 80% of the stock.

Doesn't leave much for you and me...does it?

Another large % would be in the hands of longer term holders...ie not sellers at current levels. Thats where I fit in.

You only have to look at the recent history and you can see that between .003 and .006 plenty of stock had been taken at those levels over the last 12 - 18 months. Selling now and they're making good gains and thats their strategy.

Traders are also buying .007 selling .008 and some have probably done it many times over in recent weeks. Effectively capping the stock at .008.

One things for sure...when gas flows from Brian well no 1 and the rest of Atocha...the number of shares aint going to matter. Infact you'll be glad you had the opportunity to buy so many shares at such a low level.

Best of luck