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Dilution needs to stop or at least slow

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winmeny Member Profile
 
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winmeny   Thursday, 07/21/16 03:27:46 PM
Re: None
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Dilution needs to stop or at least slow down before this can move up.

7/15/16 from TA
Authorized- 3,000,000,000
Issued and outstanding- 555,101,345
Restricted- 309,010,001

7/21/16 morning from TA
Authorized- 3,000,000,000
Issued and outstanding- 605,573,567
Restricted- 309,010,001

7/21/16 afternoon from CEO
O/S 625,681,259
Float 316,671,258

70 million shares just got added to the O/S within the last couple of days (625M - 555M = 70M). The daily volume hasn't been high enough to absorb all of these new shares. It will take at least a couple of days for all these new shares to get bought up by retailers.




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