Perk Labs Inc (PKLBF)

[Vandalayind]

Means people with more money and more information have agreed with the company itself that the valuation is much lower than the current PPS.

REVS do not mean profits, and without those the company will keep selling shares, again much lower than current share price.

You are correct that the shares are being eaten up and it is dragging the PPS down.

What happens when more shares have to be issued to raise capital?

Toxic financing is financing that ultimately contributes to an expanding float.

You statement of "shares being eaten up" is confirmation of toxic financing.