For those who thrive on conspiratorial theories, here is a good, logical reason why "someone" has been capping the CVI price to sub 10 cents levels... Monsieur Marcus, had "obviously" agreed to offer them (Enditrade) the 20 million shares at 10 cents.....If the price was "allowed" to run rampantly amok in a stratospheric mode too early, say, reach 20 cents, most of the CVI shareholders, renowned for their whingeing - even at the most negligible pretext- would have gone berserk, with the CVI management....On the other hand, it looks much more palatably acceptable to shareholders (and potential investors)to see shares issued at above the prevailing (over the last 2-3 weeks) levels, considering the present environment....... Makes sense? Maybe not.....However, for lovers of conspiracies, may be enough food for thought, for the next couple of days at least....
Cheers;)))
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
