Trading Summary - August 26 When buyers didn't

Trading Summary - August 26

When buyers didn't buy on the ask at .0006 against the MMs acting for the convertible debt holder, they initially sold a small amount into the bid at .0005 which built up again.

Thereafter, it became evident that they clearly had a larger quota to get rid of today. In addition to several large trades of 5 x 9M, 7.4M and 5.6M into the bids at .0005 and .0004, there were again large lots sold for 5-decimal place prices without detracting from the bid:

14:22: 46,893,929 at .000428
14:32: 18,342,500 at .000396
15:53: 12,541,197 at .000396

Total volume today was 175M+.

I wish I knew who was buying this big lots at discounted 5-decimal place prices. Normal retail bids at .0004 did not all fill in order and were bypassed - only one of mine filled.

I look forward to tomorrow with interest - once it is confirmed that the convertible debt is totally finished, REDG should rise quickly on the run-up to the GSL launch.

"Per Ardua Ad Astra" - "Through Adversity To The Stars"

A very apposite motto for those who trade successfully in the OTC market..

All posts are my opinion - trade at your own risk.