InvestorsHub Logo
Followers 375
Posts 16966
Boards Moderated 4
Alias Born 03/07/2014

Re: None

Monday, 04/21/2014 11:07:54 AM

Monday, April 21, 2014 11:07:54 AM

Post# of 106837
DOWN 18%, there's the reality of 2 BILLION share statement, IMO.

Dilution, on a penny stock, IMO will always crush the price further than it's already been crushed. It doesn't = some big "deals" or "partnerships" or whatever IMO.

It = share dumping to come. More selling, diluting to "finance" and pay key people, and give out 10's of millions of warrants (50 million warrants, "in the money" just recently), do more "floorless convertible" vulture/toxic "financing" and so forth.

That's all I see IMHO. I don't know what upping the outstanding shares to 2 BILLION on a 3 cents (well now sub 3 cent) stock would mean, in terms of "good news"? Just don't "see it"- no connection whatsoever IMHO? Only means more selling/dumping of shares to come IMO.

IF, it was a "great" or "good" thing- IMO, there'd be PR being blasted about it on every available outlet they could use. Instead a "proxy", SEC form is filed after close of market on Thursday before the markets are closed for 3 days. That's all. Nothing more happened IMO.

One cent, at least 2 cents (which 2 is not far off at all now at this pace) is the typical, real price where this "settles" normally IMO. Thus, I'd not be surprised in the slightest to see 2 cents, and even 1 cent as a strong possibility IMO.

Do one's own due diligence, buy, sell, hold as one sees fit. My opinions are my own, mine only.