IGRASS--
Not missing the problem at all. You might be though.
You said:
" It's easy to say that endless coversion and selling by DMRJ is the problem but it's a lack of buyers that is keeping the pps down."
We just received a $162M IDIQ from TSA!!!!!!!!!!!!!!!!!!! How many stocks, small, nano-caps receive that level of IDIQ and as an aside, its ONE sale greater by many magnitudes than their entire security product sales over their life-span and the PPS gets capped and dropped????
The lack of buyers is due SOLELY to the cap structure which constantly adds to the float and caps any real appreciation. EVERY. BODY. KNOWS. THIS.
Think of it another way: shorts feed on dilutive events. IF they smell a dilution coming, they short like crazy. Its like a stacked bikini to a soldier just back from combat.
Well we have something worse than A dilution, we have an on-going structural dilution. Even worse, the market has NO way to evaluate this dilution as it happens over and over and over. Where does it stop?
I know this, WHEN dilution stops, WHEN a company clears up its cap structure that is clearly toxic, THEN investment interest increases greatly.
Consider, a $162MILLION DOLLAR IDIQ and we go backwards?!?!?!?!?!?!!?!?!
You tell me why new potential investors are NOT buying what DMRJ is selling...
