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Re: Spider Web post# 3204

Monday, 12/05/2016 3:39:10 AM

Monday, December 05, 2016 3:39:10 AM

Post# of 4220
Always Trying To Set You Up

* On March 8, 2016 the company entered into an "At The Market (ATM)" Issuance Sales Agreement with FBR Capital Markets & Co. under which the Company may issue and sell shares of its commmon stock having an aggregate offering price of up to $50M from time to time.

That could be over 60,000,000 additional common shares to be diluted into the OS and Float, on top of all the other dilution, plus everything else.

Watch Them Begin To Squirm
9 Days To NASDAQ Warning


And this quarter will have a greater loss than last quarter. And there will still be no profits as claimed. Nope, just another trick. Just more "Forward-Looking Statements".

Just like last quarter, when everyone was expecting a positive EPS, or at worst (0.02). But it turned out to be (0.08). How the heck did that happen? And what about that promise of no dilution? What happened there?

Meanwhile, those in the loop took your money. Insiders sold and diluted their shares. *ATM dilution could now go into full throttle. Convertible notes diluted into common shares. Warrants diluted into common shares. More dilution. Poorly negotiated collaborations. All layered on top off the constant devouring of revenues. All expectations have only turned toxic.

" Get in now BUY BUY BUY " ... they cry.

Gee-Whiz, Gosh ... Really ?


https://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171575168

http://www.fool.com/investing/general/2013/02/25/secondary-offerings-what-you-need-to-know.aspx


J M O

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