CD International Enterprises Inc (CDIIQ)

[Lonnie Starr]

Yes, before you invest in any penny stock, first check the authorized, outstanding and float sizes over the last several quarters. If they have grown then you know there has been dilution, which is the company selling stock into the market and taking out your money, while increasing the float. No one ever has to pay more for the stock than its current price, because the company will always make more stock available, until they run out of authorized shares they can sell, then they reverse split the stock, which takes away the shares you've paid for and puts them back in the treasury where they can be sold again.

Too bad everyone doesn't read these boards, watch and see as day by day, more people buy in and the float keeps increasing.