Absolutely agree with one caveat, 'but'... But with so many shares outstanding at the moment it does limit the company issuing new shares unless they raise the limit to how many shares they can issue now.
Most r/s in these 'no nothing' publicly traded companies usually only benefit those day traders who love volume and have lots of time to push buttons. However, some companies get great news. Such news that shows a great increase in revenue and potential for the company. Many of those companies want the stock price higher so they can get on listing such as the AMEX or other 'real' boards. This means financial institutions could invest and other investors who abhor stinky pinkies might be enticed if uplisted.
I now currently own over 12million shares after picking up another million the other day. If the stock price managed to reach .05 on some great revenue generating news and the company did a 1 for 100 r/s, then I would have over 120,000 shares@$5.00/share.
Seen too many small companies flounder and fluctuate when billions of shares are outstanding and issued with few restricted shares. Even with the occasional good news. Again, only the pro's who push buttons, bash/pump those stocks on public forums, etc. Rarely does the average investor do really well in such companies, especially in the long haul. DNRG is the perfect example of such a company.
AI
