Ceo confirmed the holding of 50M restricted shares. Current o/s 97M confirmed by TA on Friday November 3th. Acually we dont know the correct float number but I guess it way less than 47M right now....
By the way MM Hill (the diluter) was sitting all day long at $.028. Company would be crazy to sell more shares at a $.023 level. Acually I am waiting for the turnaround and I added some more on Friday.
Company dumped 40M wihin 2 weeks from $.32 all way down to $.017. Lets calculate with an average sell price of lets say $ .08 thats about $3.2M cash for the company ...quiet huge money.
Definatly I guess they stopped the brainless dilution on Friday.
For me is AXGJ a no brainer at $ .023 and a potential easy double from here imo
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