don't understand todays actions, page-9

You guys just may find that the recent sellers will be the new placement holders who take up these pending rights ie they get issued at some rediculous level of 0.4cents with the touted exercise price of 1.5c.

extract "The Company further advises that due to the expanded operations through this pending
acquisition and to ensure sufficiency of working capital, the Company will consider a further
Convertible Note issue (or a share placement) through which the Company would then be able
to accept up to an additional $1,500,000 of over commitments to its recently approved raisings
with conversion rights to shares (or placement) at no less than $0.015 per share."

Be careful putting too much into this. It is extremely high risk ,high reward stuff.

The high volume has me intrigued now, so it just may be nearer a bottom.