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Tuesday, April 26, 2016 8:46:55 AM
There's shouting about major dilution from owners when there has in fact been 0 shares sold from the owners personally. There were 250,000 shares diluted by the company during the first quarter of this year at what looks like an average price of around 0.30 a share. BIG difference between owners selling personal shares into the float, and the company diluting a small amount to fund products and operations.
People lie, numbers don't.
Share Structure as of December 1st, 2015...
Authorized Shares 200,000,000 a/o Dec 01, 2015
Outstanding Shares 100,092,395 a/o Dec 01, 2015
Float Shares 1,041,464 a/o Dec 01, 2015
Share Structure as of April 2nd, 2016
Authorized Shares 125,000,000 a/o Apr 02, 2016
Outstanding Shares 100,343,349 a/o Apr 02, 2016
Float 1,291,464 a/o Apr 02, 2016
As you can see, both outstanding shares and the float went up by 250,000 shares sometime in the last 4 months. Authorized went down by 75,000,000 which was in a press release. If the owners were selling (dumping) shares as a few people are claiming, the outstanding shares would not have gone up, only the float would have... or the float would have gone up at a higher rate than the outstanding. Either way, THE NUMBERS PROVE, NO SELLING GOING ON BY THE OWNERS PERSONALLY! Oh, and even the big boy stocks dilute here and there to fund business operations so that 250,000 shares is cool with me as long as they needed it to do more business.
During this time the owners also filed SEC Form 3 to be able to sell personal shares at their free will if they chose to do so. Guess what? They sold 0 shares! Clearly they are holding for higher levels. They know what's coming, we're just along for the ride. Can't wait to see what these guys can do!
The beauty of a OTCQB stock is they have to report often to stay current. This allows you to see through the BS and make sense of everything yourself. 250,000 from the company is nothing, there's been a 500,000 bid at 0.155 the last few days. Nobody 'dumping' into it. You think if the owners were strictly about money and screwing share holders that bid would have been hit by now. Remember... numbers don't lie... people do. Smart money trying to lock up nearly half the float.
So much for the pump and dump scam artist theory... what's the next false claim that can be mustered up? LMFAO
Trade how you want, but you can never lose with freebies!
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