1pm Industries Inc (OPMZ)

[THREE-DAY-TRADER]

Yes, I saw latest filings. I'm not exactly surprised by the dilution. The past filings showed debenture funding, too. No one should be surprised by any of these types of stocks doing this.
I always suggest a low risk amount per subpenny trade. So I'm comfortable so far waiting for an over due bounce back over .001+ area. Avg cost is not much higher than recent trading.
$OPMZ taking longer than I anticipated, but sometimes 4-8 weeks on a trade happens and I've seen more diluted stocks than this spring upward for a trade.

My high % success rate on subpenny stocks has been typically trading thru cycles of dilution, so nothing new what is happening in this instance (that it's taking longer than my average stock).
It's thus far disappointing as we wait, but nothing new that I have not been thru.
No need to panic.