Good Morning Ad1. Not sure what's going on with IF

Good Morning Ad1. Not sure what's going on with IFHR, but ever since the selloff last week, there's been a lot of chatter about a possible R/M that might take IFHR into the .10-.15 levels. I have no idea. But looking back at the drop in the stock, and the way it traded down to .01, it follows a pattern that many have seen with stocks just prior to a big news event.

As to the technicals, one can see the drop last Tuesday on very large volume after channeling for weeks in the .015 to high .02s. Approx 1 mil shares took it down, and then another 2 mil shares churned in the .01-.012s. The FullSto is attempting to put in a bottom, but the MACDs aren't signaling a turn up yet. Obviously, news would trump the weak technicals. There was some huge accumulation in the mid February timeframe which led to a sharp move up. IFHR is now trading at some slight support, but we'll just have to see what develops. Should the rumors of a R/M come true, IFHR should respond sharply to the upside because of a very small float and share structure.