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Thursday, September 18, 2014 1:12:24 PM
DONT BE AFRAID of the dilution conversation, all GOOD start-up stocks dilute to pay expenses, to FIGHT the POSSIBILITY that dilution is occurring is not acknowledging where this ticker resides-----THE PENNYS
AT ANY TIME…….the BOD or majority vote holders ( CEO is all that is needed to fulfill a majority) can ISSUE more shares……WITHOUT telling the shareholders
so I don't ascertain that dilution is the SOLE reason for the PPS drop, it is a LIKELY reason, combined with zero CEO guidance on the VCIG status and MCIG progress
if you possess TA or CEO reported facts on dilution, please share them…
…in a PENNY, WITH REVENUES…... when the PPS had dropped 50%a dilution guess in a GAGGED ticker………….. is a very good guess
AND in MCUGS case, per the CEO "promise" to "hold/lock-up my portion of the O/S) I can pragmatically state that dilution is the BeST reason for the PPS drop…………..especially since we have seen it done in the past 6 months……..as reported by the CEO
BTW the CEO "lock-up" statement has a CAVEAT attached to it…….the USUAL one……."if, at any time the CEO wishes to CHANGe his mind…..blah blah blah..he can"……….and its documented
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