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It has a 30 million Mkt cap, there should be some very good revenue there.
As long as VNDM does not dilute again today it should hold up.
.0028 should act as a good support if it gets down there.
T Trade of 26 million @.0035, is dilution not stopped here yet ????
Should close near HOD.
It needs to churn anyway, it did it at .002 & .003 now .004 and .005 tomorrow..... flippers got burned every single time.
This is not a penny stock that you flip daily.
What would a $30 million contract do to this stock tomorrow ?
.0045 x .0046
L2 thinning right out, may blast .005 very soon
.007's tomorrow with the right news. Flippers getting burned all day here.
I expect we will see > .005 close.
Still diluting shares here, another 16 million today. Its no surprise its dropping, it will drop further if dilution continues.
I told people that massive dilution was occurring and got attacked on this board for it. Now we have the proof, dilution has ruined nearly all potential with this stock.
DILUTION, is the one and only reason this stock is not moving. Another 17 million in T trades this evening.
This started a number of weeks a go and the stock is well down since, even with news.
As i stated before news on his stock is worthless if dilution is going to continue. It is what people should be contacting the CEO about not asking for news every day.
The PPS would be close to double what we are today if it was not for he dilution. But then again you have those that stick there head in the sand and claim there is no dilution lol lol.
BMIC now lowering the ask to .0021 and will start dumping at .002.
Its called dilution, its the reason this stock is dropping. Yet some here insist on denying what is happening in front of there own eyes.
Hopefully. He needs to put a floor under them. They bring it down quick for a lower conversion price to sell into news. It stops all momentum. They will make several times what the CD's are worth, its all money that should be driving the price upwards.
Believe what you want, makes no difference to me. Just been doing this for 10 years+. You will see the O/S increase soon, alot of it will be from todays dilution.
You do realise accumulation can only occur if somebody sells, unfortunately retail is only making up a small portion of the shares been sold today. The company is selling the rest, look for the T Trade after hours.
This is the worst dilution day i have seen on this stock in months, keep sticking your head in the sand if it makes you feel better.
But this stock goes nowhere while dilution like this continues. I would not be concerned with asking the CEO to release news. Get him to stop diluting and you'll make money, if he doesn't stop diluting we are all going to lose here.
Most of you dont seem to get it. News, any news is worthless while levels of dilution like this continue.
The stock cannot sustain itself with this dilution, an enormous buyback is required just to soak up the shares that are been diluted.
Should see a massive T trade after hours today, enormous dilution today which means we must now be getting close to 6 Billion O/S.
Stopping conversions should of been the CEO's number 1 priority, its something he has failed massively at.
Its clear these shares are coming from BMIC, BMIC has been a diluter on this stock for a long time. Why the hell has the CEO not stopped this up to now, its incredible.
The best thing the CEO could do is stop selling shares.
Looking like massive dilution today. BMIC
.0024 back up...
you will now see the flippers start to panic as they realise they have sold themselves short, unfortunately for them they will have to pay a bigger price.
Had to remove the weak first, makes it easier as we head up to .003.
They will be back higher very shortly.
Think Countries..........
Why is anybody even selling now, you will get 50% more within a few trading days.
Every single flipper today has been burned, i thinks its a trend we will see here for a while. It looks like the buyback is on.
It has to be someone like that buying, which makes any sellers even more nuts.....
This must be institutional buying, everything is getting scooped up. Flippers are getting badly burned.
Flippers are about to get stung.
If that buyer comes in again before close this will be at .003 before close.
If there is CD's still left, how much is left in them ? Why are the company not buying them back.
That does not state anything about the end of dilution ? All it states is that they did it in the past.
Not for a large portion of the stock that traded in one day. Its dilution plain and simple, been watching it for too many years.
I want the CEO who is so fond of tweeting to explain why the company is still dumping hundreds of millions of shares ????????????????????????
Those are the shares that were diluted today and are already sold into the bid, its what has casued this stock to drop like a stone the past two days.
BMIC has been feeding them to NITE to sell. The company is feeding them to BMIC.