I believe the panic selling is done with. As several people have...

I believe the panic selling is done with. As several people have noted, the volumes traded prior to the announcement, plus the private placement at .1 now means that most holders now need to sell at > 0.1 to make a profit.

obviously there is still a threat from the holders that bought in before we got to 0.1 but I am of the opinion that if they haven't sold already then they are highly unlikely to sell en masse at these low levels.

putting my money where my mouth is I topped up yesterday at 0.97.

My prediction is either an upward movement soon or very very low volumes until an announcement