10M in buys at .0002 so far today - including one

10M in buys at .0002 so far today - including one for 5.32M - as more scale in by buying on the ask as it has been obvious for weeks that .0002 is the price of entry.

Since the change in OTC rules over 2 months ago, there can be no new convertible debt issues on stocks under .01 and trading of existing convertible debt is limited to only 20% of the volume in the preceding 20 days. Accordingly, there are unlikely to be any more lucky fills large fills at .0001 in future. Also, convertible debt holders will have to buy large amounts of .0002s to get the volume up to then trade their existing holdings over the ensuing 20 days (or more if buying / volume sustained).

Also, it is obvious that the few opportunistic large scale flippers who got lucky last time and selfishly put large amounts up on the ask at .0002 are cancelling some of their orders to sell as they won't get an opportunity to reload.

Bid increased to 156M at .0001 earlier.

"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.