My attraction to this stock is the price of .10 cents having been .08 on average previously...
Level II shows a block at .12 cents, but level II is surprisingly devoid of the heavy asks that make price upward moving slow going that sometimes accompany penny stocks.
I like the buy in by Pinetree Capital. That suggests some paper to wade through, however I like to associate with the price they came in at as a possible good sign that the issues that hold this stock back being the Nanuvit restrictions may have some relief coming, and if so it would move and hold above it's .29 book value.
68 million shares and it becomes a safe play to take a position and buy the dips with little fear of a RS. a price move to a 1.00 would make a 10 bagger.
Mentally a stock with a .29 cent book higher than it's price under .10 cents has some potential to move to book. Pintree is the clue, I'm sure they will promote and sell paper, but I think the Level II shows the potential to double easily from here.
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