Amazonas Florestal Ltd (AZFL)

[THREE-DAY-TRADER]

.0004 is at the ASK as you posted that!!
And even worse, VNDM on the ASK @ .0004 now also and has been most of the day while price has had pressure on it from obvious debt conversions (dilution), just like it did for a period of time yesterday.
VNDM = one of the Level 2 diluters, which is one example of 'proof' that this has a dilutive factor (contrary to many around here who claim there is not any dilution).

That said above, additionally for evidence of dilution:
It has Convertible Notes to fund operations & the O/S increases every few weeks when ever websites for it are updated. Last update known is May 1, 2017 for approx 504 million shares Outstanding.
https://www.otcmarkets.com/stock/AZFL/profile
It's due to update soon, and when it does it'll be an increase again.
It'll probably post at least 650 million, maybe 800 million on next update likely to occur by June 30 or sooner.

I'm not here to trash the stock over the dilution, but objectively setting the record correct--- pointing out that dilution is ongoing with this stock as it is a normal occurrence with most of these types of stocks contrary to many here spreading misinformation that there is Zero dilution. Obviously there are those here who keep saying zero proof of dilution because it only serves their interests for an attempt at promoting the share price of their $AZFL (which is an immoral thing to do, but happens often on these boards everywhere).

I always acknowledge that a stock can be traded in the short term during ongoing dilution as a factor, and usually those are the types of subpenny stocks I trade & take advantage of. AZFL has a chance (more like a gambler's lottery ticket chance only) to possibly move higher in coming weeks if good enough developments happen, but this stock is getting to a point of borderline excessive dilution and also can't sustain a move higher for more than 1-2 days after each news release, which are bearish signs and is why I finally abandoned this stock trade.

The risk is becoming too great with it in my opinion at this stage.
Anyone who promotes this as an "investment" instead of a short term trade also is indicating that they don't know what they're doing.
Maybe at best this has a small chance this summer for upside with some low risk play money ($$$$), but otherwise I would not touch this at this point.



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.0004 is at the ASK as you posted that below... LOL!!
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"slaps coming in .0005s drying up quick"
Friday, 06/09/17 03:38:41 PM
U GOT TRUMPED










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