Hi Wilf Thanks for the charts. They can't be ignored. So from...

Hi Wilf
Thanks for the charts. They can't be ignored.
So from tranche one there is a HEAP not yet converted!
So what happens and imho it's definitely going to when the company needs more money and tranche 2,3 and 4 are activated

What will happen is another tranche will be activated, and holders will say this is a good thing, they must be progressing...

Jesus...
I totally agree it's no longer a spiral Wilf.
But jimone recently got it wrong the year high was actually 13.5 cents not 12.
So in roughly 6-7 months it's dropped from 13.5 to 2.7 so an 80 percent drop, or 10 -13 percent a month.... That's a run away train spiral imho.
It's not spirally anymore because it really hasn't got any further south to go apart from 2.7 cents right?
Anyone who had 100 K in this thing and it's now worth 20 K would probably say it has plummeted down like a lead stone. I think 80 percent drop warrants some reality and rose coloured glasses off.

I remember I was saying a range of 2.7 to 3.4 cents once the dust settles and I got laughed out of the stadium by holders. I hope people learn from that, there is no room on the stock market for emotional buying imho.