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Tuesday, February 13, 2018 1:29:11 PM
Those who suggest dilution by today's trading are absolutely RIDICULOUS! With only 936,084 shares traded today late in the mid-session, such a claim, on its face, is preposterous - such LOW VOLUME would be the weakest dilution I ever observed in any OTC stock in the many years I have been trading.
At the average price of today's sales (0.105) with the amount of shares traded thus far, the capitalization would be $98,288.82 earned; such is not a significant amount of earnings cultivated from the sale of stocks, which is the motivation for a company diluting their stock through the issuance of new shares entering the market.
No, this is the hallmark of RETAIL selling; those investors who are either bored/frustrated with the channel trading that has occurred in this stock for the past several trading sessions, or those who wish to "cash out" of their position entered in at lower pricing levels and attain a profit.
Either way, the DEDICATED LONGS who KNOW what is really going on in this stock are remaining STEADFAST to maintaining (or adding to) their positions here.
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