Facts: We have 434 million shares on issue, with the owners holding 250 million, Distributors holding 35 million, ACA partners holding 41 million shares. This leave around 108 millions share in the hand of 'others'
my guess is that 1/2 of the 'others' holder are long term holders. Hence, that leave about 50 millions to traders.
looking at the trading volume for the past 6 months 171,738,183 shares have changed hand, under 5 cents.
This confirm to me, the same shares have been churned over and over again.. 50 millions share get traded 3X plus within the past 6 months.
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