So, when they increased (diluted) the shares to 3 billion. Who got those shares?
Is PWTC/KARA just now unloading them on to the market?
I thought you had to have a share holders vote to increase the amount shares?
Really, 3 Billion shares? Give me a break! This company will never get out of the sub penny without a 30 to 1 reverse split.
Where do they get off issuing that many shares? Only companies that bring billions of dollars in revenue per year, have billions of shares.
When they diluted the shares they made your .0003 share only worth .00001 Do you realize how much revenue this company would have to bring in just to increse the value of this stock to one cent?
Back in 2007 company used to only have 170 million shares and traded in the $ .07 to .09 range. Then it went to sub penny, (.0002 -.0004) range because Bernard and his cronies pi$$ed it away.
The only thing that’s changed is they increased the shares by the billions, made Kara the CEO and reported some BS news.
I know people who are still holding a few shares they bought at .07 The only reason they don’t sell them is because it would cost them more to get rid of them then its worth.
Just wait till they unload the other 3 billion shares on you.
Then how much would your stock be worth?