MetAlert Inc (MLRT)

[fractoid]

Since dilution of shares is effectively confiscation of share value (often for the purpose of selling said confiscated value to other individuals), I think it's reasonable to feel ripped off by a company who executes such an act of dilution - especially when it's a huge one! When a purchase that I've made is intentionally reduced to 1/36th of its monetary worth soon after I've made the buy (like my GTXO shares were) and there's nothing I can do about it, it tends to result in some bitter feelings. And I'm guessing that quite a few folks will agree with me on this. Simply stated, if I would have known the share dilution was going to be the company's course of action, I can assure you that I would NOT have purchased the shares. I immediately felt a sense of betrayal once it happened.

That said, I can only hope that future dilutions don't occur and that the encouraging assessments from one our newest members turn out to be representative of the future for GTXO and its share holders. We shall see.