ABUSIVE DILUTION CONTINUES
And If You Think I'm Kidding... You Are Wrong
The OS will be 300,000,000 by year's end.
That's up from 200,000,000 since last January.
And 75% of that has happened since August.
While all you heard was: "No Dilution", lol .
Remember that negative surprise in the EPS ?
Nobody expected it to go backwards last quarter.
The pump was screaming: "Big Profit ", lol .
Remember all of the "So Called" Q3 revenues ?
Well... where did they go? Why the (0.08) EPS ?
Now, compare this quarter with all of the potential
that was supposedly happening within the last quarter.
This quarter will be even worse. And you can count on it.
Investors were taken for a big ride on that Pump-n-Dump.
What a disgrace. What a set-up. What a con-job.
This quarter would need 10-times the amount of collaborations
they have had all year long, just to off-set the amount of dilution !
And they would have to be GOOD collaborations... not BAD ones.
Here's What That Pump-n-Dump "Really" Consisted Of
Dilution - Warrants - Convertible Common Share Notes -
Poorly Negotiated Collaborations - Big Time Story Telling
I predict the EPS for this quarter to be a Negative 12 Cents: (0.12) .
Forget the analysts. The analysts were off last quarter, and they
will be off even worse this quarter. Analysts are never right. Ever.
This company is headed straight into another NASDAQ warning.
And that little end of month bump that just happened ?
Well, it was nothing more than just another exit wound.
Some traders were still hoping for a Cup-n-Handle breakout.
But the time span has already eroded, thus violating the pattern and
supporting the recently failed pop that led into yet another Bull Trap.
This company is not reliable. Collaborations are pointless.
JMO
