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Re: fredman post# 22277

Friday, 01/20/2017 7:36:25 PM

Friday, January 20, 2017 7:36:25 PM

Post# of 54431
Looks like they will have to issue more shares to account for the conversions. 2 billion is not enough and more than half have been issued already.
So there are not enough shares out there to cover these conversions.
This is pretty obvious and really can't be contested.
They went from 215 million to 2 billion over night. Looks like they will have to issue another 2 billion shares to be safe.
Why can't people see the dilution right under there noses and see that this is not a good situation to be in.
Just because they have one contract for 500k doesn't mean they can account for the 40 million a year deficit they are running.
They will issue more shares and let all of those convert and sell and then do an rs.
So they will keep the good news coming till all shares are issued, keeping the price fairly low and then slam the doors shut with another rs.
Play the dips and be smart. Don't hold for too long and sell some to play with free money. This is turning into insanity and a lot of people will get burned in the end.
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