Yes. It's called dilution. And without revenues,or thoroughly hyped solid news at the very least, he is right, will inevitably send the price lower. We already know this 10-K will not be pretty- ended too early for any revenues to post and clearly they are cash strapped right now according to their own PR. [They've always been cash strapped, let's be honest. One filing had a measly 5k cash on hand]. The only prayer any of us has is that they get the mill up and running sooner rather than later- that does require capital so unless they can pull a rabbit out of the hat that will satisfy investors enough to buy into the heavy Dec dilution, yes, I expect the price to go lower before it gets better. It would not be unwise to sell on any minor pop and wait, IMO. At least you'd get a write off for the year. Next Q report won't be for awhile.
