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Friday, 04/17/2015 12:24:07 AM

Friday, April 17, 2015 12:24:07 AM

Post# of 24848
In response to those shareholders who have inquired as to why I have not posted a "Dilution Update" for a while, the reason is because ever since the sp began sputtering (first in the .17x levels and then the slow bleed down followed by the flash crash), there has been no need for it as there has been no change.

Remember, the dilution schedule I have been tracking and sharing with folks here is primarily to track all the restricted shares that have unlocked and hit the float (primarily held by financiers and the CORE criminals).

So where we last left off, all such shares in the overhang that were priced at .13x and below (other than the .05 PIPE stock along with other shares held by JOEY Z and his CORE con artists) have effectively flushed thru already. So the next potential batch of stock that we would need to be on the lookout for would be those priced at .14x, and there are only approx 1M shares of these left -- and these aren't priced to sell until the .196x level. So as you can see, it will be a while before we need to worry about overhang-related dilution (and even then, if you recall the most recent Dilution Update I had provided, the quantities at each level beyond that is relatively thin, so it would not take much buying interest to push thru each respective resistance point).

BUT, discussing overhang-related dilution is now tantamount to letting the cart lead the horse. We are nowhere close to having this be a relevant discussion point right now. We have to first allow all the short-term trading shares to churn over level by level -- and hope that little pieces of good news finds its way into the market periodically to help provide the little push from leg to leg after each round of consolidation. It's like building a house of cards (ironic analogy, I know, LOL...) where delicate balance is required at each level otherwise it crumbles and we have to start all over again...