This is not acting like a bottom is near. I had hoped the recent big volume drop might have been a shake out bottom, but it hasn't been acting like that since, and getting worse again.
The question about what is meant by "the beginning of the end" of dilution is a valid one. All that we know it means for certain is that the company just confirmed that dilution is not yet over, and we can reasonably conclude by saying beginning of the end rather then end of the end or middle of the end, that dilution ending is likely not imminent either.
I would feel better if all the large Bids we've been seeing as the share price has dropped from at least the $.0012 level were numerous buyers, but the recent PR seems to suggest or even confirm that most or all of those high Bid volumes have been the one insider buying on the open market. makes me wonder how far this would have already plummeted in the face of the ongoing large dilution had that one insider buyer not been there. So what happens if that one insider buyer stops buying? Now that worries me!
And as the share price continues to fall, the dilution will only get worse to bring in comparable funds. For all these reasons, I have over the last few days sold all of millions of shares, the last little bit this morning at $.0004. I am going to watch from the sidelines. I can't believe how much I had averaged down talking myself into what ended up just being another example of trying to catch a falling knife. I don't want to get cut anymore.
So, when will or will I at all buy back in? Depends on either a massive collapse and shakeout bottom, which may or may not even be above $.0001, or more likely that plus a few quarters of confirmed, and very strong revenue growth. Promises of potential have been persuasive, but also constant even as share price has collapsed.
I stand by my last post about all the promise here, but this post now adds a serious does of reality.
