Not if " they " are broken up into individual companies or entities each holding a number of shares under the limit. AND that they are not found out to be connected are held by one group or entity. For more advice on this refer to Jim Crammer et al.... I am not suggesting that "they" the accumulators are doing this, just that IMO there are ways around many obstacles and clever and greedy people find their way. Of course they accumulators don't have to be connected directly. They could just be separate entities that happen to know or believe that they know info to want more shares.And they could still be wrong. They may be buying on a belief that business will be good or that a contract might get signed.   An example would be a company or companies that are going to sign and a law firm that is drawing up the papers. That would make two entities... or if you add someone on the board that could be a third... Not that they actually would do the buying of course. This is all my opinion and others are free to dispute it.

The one thing that is for sure so far is that the price seems to be holding steady around the 60 cent level. For what ever reason that seems to be a strong support level. Only looking at the charts I feel it is a good place to accumulate because of that support. However if it breaks that support then look out! I am not buying here. I am not selling off  either, even if it falls below support. I am waiting for the SHM and the outcome of legal issues. GLTAL