MetAlert Inc (MLRT)

[rakindjo]

Solution to Pollution is Dilution...
Can't speak for GTXO, but I don't know if it would be in their best interests to pull off any more dilution because of the following:

-With their 2 strategic partners onboard, especially Atlantic Footcare Inc. To sour your relationship with your major manufacturer would be a bad move. Atlantic doesn't manufacture the Smart Sole for charity work. They can drop their shares and stop manufacturing thus, quelling any hopes for GTXO to be bought out or generate any more revenue.

-The CEO has not sold one share as of date. Look for any SEC Form 4 and you don't see any shares being discarded to the open market by Pat. Float to outstanding shares ratio is a relatively consistent number.

-At this critical point, Pat wouldn't de-value the shares that he owns. He only takes in 1/3 of his allocated salary ($60K) and receives the rest in stock. It's all he and other executives have to show for their efforts that they have put into GTXO.

-With revenues up over 500% more dilution would be counter-productive.

Only time and the next 10Q will tell what GTXO's intentions are in regards to dilution. Strategically, it wouldn't make any sense.