I think what we are seeing is the result of 84M cheap shares...

I think what we are seeing is the result of 84M cheap shares entering the market 50M being at 0.2c.

I calculated DV only had about 3.5M shares left when they got the last 50M for 0.1c so I doubt it's them.

I believe that us long termers made our commitment a long time ago and had little funds left to take advantage of the cheap stock which became available.I know this is the situation in my case.

I think a lot of the stock has been taken up by opportunists, speculators and day traders therefore if someone bought 5M at 0.2c for $10K and now sells at 0.3c for $15K it's a good trade for him a quick $5K, I expect to see a lot of these type of trades on the way back up, as low prices are attractive to traders who have to risk small amounts to make large percentage gains, that's all a trader sees.

Th eproblem with all this cheap stock around is it puts an artificial brake on the stock whilst daytraders play games.

I'm sure KP knows what is going on as he is from a financial background and would have seen these plays before. It should serve as a lesson to him not to make placements too cheaply as it releases far too much stock into the market for the short term players.

Any further placements must not be made until after news of PPA's and funding causes SP to rise to prevent this happening again