the big problem with the theory that its the holders that...

the big problem with the theory that its the holders that converted the AXOG are selling is that over the past 2 months more turnover has come on from those that did convert.

i am a bit of a conspirisory theorist as i belive its the insto people that coverted the notes shorting the stock as they cant sell the stock they converted from the notes for the next 6 months. even though the stock is in escrow it probably doesnt say anything about shorting.

the simple way for them to get around the rule is to hold the converted stock with a custodian such as HSBC or RBC and then get another vehicle they control to borrow the stock and do some covered shorting. that way they cant lose.

i cant wait until one of the off takers comes in and finances AXO, then all these manipulators will be caught with their pants down big time.