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Re: None

Wednesday, 02/15/2017 4:39:24 PM

Wednesday, February 15, 2017 4:39:24 PM

Post# of 1144
Funny how everyone vanished after the a/s increase, while the o/s STILL hasn't changed. Not that it won't, but it's not like the company will just register the new shares and let them hit the market here when the liquidity is zero. According to their 10q today the o/s is still under 50m, which puts the market cap at $150k!!!! lol, that has to be the lowest market cap out of any stock I can think of right now.

Over time we'll see what the company has planned and that will involve more shares hitting the market, but this is the penny world and that's the status quo as far as I'm concerned. I say look for news from the company and for the pps to go up/liquidity to spike from here. We'll see but I don't see what other options they have. They can either:

-Dilute without trying to add to the liquidity and take this down to no bid, which is what would happen, and then they'll end up getting barely anything out of it or

-Release good news and get the market going for this again, then dilute responsibly and as needed or

-Not dilute at all and leave us with this ridiculously small o/s and market cap.. which is what got people all excited about in the first place.

I'll reserve judgment until I see how they plan to approach this, but I suspect there's a rally waiting to be had, and if it breaks a penny with momentum then sky's the limit.