Increasing A/S doesn't mean price will climb to sell it. Usually the opposite. Because treasury shares are sold in offering to VC's for funding, off market. And in order for the funders to get max gain, they like and get price pull downs to the price level they want to fund at.
An increase in A/S is a positive though. As it signals the company is after more funding !!! The question is will they get it and if so how long before the new funding shares hit the OTC market in a manipulated run for profits.
Way early on this one, could take 3 months or more, normally. Your just seeing the price pull down now. Weekly watch for attention pop. As that's the next step in the OTC game.
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