for the less experienced penny investors i will expain what a gypsy swap is and how it pertains to the here and now.

most are wondering why there is such big volume at 15c.

the recent private placement done of 3 million units [one restricted share and one warrant at 15]has had its effect. subscribers to the pp are selling  free trading shares they presently have and replacing them with units. they have a 3 month restriction from selling these shares or exercising wts. this is commonly referred to as a gypsy swap.

this is why blocks of 100000 share lots are being sold, so not to worry folks. its as simple as that.   

i would suspect a second pp of greater size to happen coinciding with a deal in  libya.`. this is necessary as it;

gives the libyans a stake in the comay,[ say 9.9% with wts  20%]

and gives them immediate profit on the books.

10i million units at 15c cost 150000

should the stock run to a dollar based on assets the investment for accounting purposes would be worth

10 million plus 8 million for the wts

18million for a 150000 investment. for companies in libya trying to attain loans this would bode well.  we will see more and more of type ofscenario as the third world countries struggle to emerge in the business world  

now this is pure speculation,and the numbers are drawn from my imagination, but seems the path we are headed... good for all

royrogers