From a February 7 update from the TA and things are not looking so hot... dilution continues with no end in site
We had the most recent OS update from the TA on February 7 and at that time the OS was 868,879,574 shares...
Below are the updates from the TA gotten by myself and a few other poster:
On August 10th From the last 10Q:
August 10: OS was: 84,624,959
Sept 20: OS was: 183,955,484
October 8: OS was: 231,059,510
October 17: OS was: 299,652,033
October 25: OS was: 339,552,732
November 5: OS was: 402,383,470
November 15: OS was 450,752,702
December 11: OS was 586,589,569
December 19: OS was 614,464,569
December 28: OS was 642,336,144
January 9: OS was 670,277,153..
January 16: OS was 714,479,585
February 7: OS was 868,879,574
So in the last 15 trading days the company has been diluting 10,293,332 shares PER DAY!! Guess they really wanted to milk that merger nonsense
Total Increase in Outstanding Shares in above period: 784,254,608 shares...
Even the newest of investors who may not know much at all can see this dilution is out of control and is not significantly slowing down, but is actually increasing!!... At this rate the billion share AS will be maxed in less than a month, then all will get hit with a 1 for 100 reverse split...
Happy days ahead!!!
