I have been around the penny stock game for years and usually don't participate much on any of the boards. Used to post a little on RB back in the penny boom of 1999 and the first part of 2000.
Have been reading this board for a while and thought I would post a few comments.
As most have agreed tonight, the company is probably through with the dilution process or they would not have released the new share structure.
Now if the company is through putting the new shares on the market and they have been accumulated by new shareholders, there is only one possible way for the stock price to crash.
That's if you the shareholders sell.
The damage has already been done, only shareholders can cause more damage at this point.
Saw where someone stated that they cannot believe in the CEO or the company anymore. Give me one sub penny stock where I can trust the CEO. As we have seen in the last few years, you can't even trust the CEO's or any other officers of some of the biggest stocks in the market.
603 million shares.....thank the lord, you have less shares then most every sub penny stock out there, in fact you have less then a good percent of the entire pinkyland.
One good PR and the entire share structure issue will be a thing of the past.....remember you are in pennyland
Good luck to everyone