Sequiam Biometrics (fka SQUM)

[gamesbegan]

Looks like my call of a capital raising with no dilution probably was a little premature (Ok flat out wrong). And with a little more digging, it sounds like the warrants that were reduced to a .21 strike price were part of an "anti-dilution" clause in the original contracts...so I take that to mean they offered more shares to raise a little short term cash. You've probably seen a few of those blocks pop up lately. Again, this is all my opinion...we should see some kind of press release validating one way or the other. Positives in this - they are selling shares to raise cash, to produce more product - and it sounds like demand is going through the roof (number thrown about - they produced 4000 biovaults week before last). Another positive - the officers of this company have not sold ONE share. At one time, they were the largest shareholders. Another positive, they have literally mortgaged "the farm" to finance the buildout of this company. You can't ask for anymore management dedication and committment to company and shareholder success than that.