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Re: X-ray07 post# 26737

Wednesday, 01/24/2018 5:30:48 PM

Wednesday, January 24, 2018 5:30:48 PM

Post# of 28183
No, 0.0003 is the new ceiling.

Cyclone has been operating for the last few years almost exclusively on diluting the stock. They issue new stock to pay their suppliers, consultants and lenders. Everyone they owe money to gets stock, and lots of it. The lenders hold convertible notes that convert into stock at 45% below market.

If the price goes above 0.0003 the floodgates will open with all the current holders wanting to take profits, plus Cyclone themselves will dump stock to get the cash.

Over the last year Cyclone has been issuing an average of more than 100,000,000 shares per month. Since they have no product and no other revenues, either they keep printing stock to keep the lights on, or they go CYPWQ and trading stops.
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