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Re: Helter Skelter post# 5371

Friday, 12/02/2016 5:16:39 PM

Friday, December 02, 2016 5:16:39 PM

Post# of 73318
lOl...2 days. November 15th and 16th. 177,000,000 shares traded. If all the dilution that has occurred from September 30 to November 28 (25 million shares over 2 months) were dumped on just those 2 days...

25,000,000 / 177,000,000 = .1412

...the percentage that could be called dilution would be 14%. That's throwing away the other 11 days of trading since November 16th and about 27 trading days prior to November 15th.

One in 7 shares being traded...is massive dilution?

Those 25 million shares could have been gobbled up on November 15th, when the share price ripped from $OO13 to $OO78 (6 bags!), without even a noticeable burp! One day! Eaten! All of them! That is not massive dilution.

It helps to know penny stocks and 'massive dilution' before playing them. I re-rest my rested case. Thanks...I'm off to my beach bar...

Good day.