Oncologix Tech Inc (OCLG)

[Value_Investor]

The company diluted the OS to 1B shares from 773M shares per the CEO confession! And 2B more Free shares are ready to be flooded to the market based on what the CEO told us! The Giant AS is still at 7B shares!

So far less than 50M shares dumped at 0.0002 since the New high 0.0016!

Hopefully OCLG won't crash to its Real Bottom 0.00001 (which is 90%-Below 0.0001) again in the coming Giant Sell-Off...

I bet 0.0001 (instead of 90%-Lower price or 52-week-low 0.00001) will be the New bottom! I might grab some shares to average down my cost base if OCLG crashed to 0.0001 x 0.0002 again!

Anyway its peer (PUGE) has only 634M/2.99B shares Low OS/AS but it has already crashed to 0.0002 after Huge Sell-Off! Just a couple of weeks ago OCLG was trading at 0.0003 ~ 0.0001 v.s. PUGE at 0.0004 ~ 0.0001. Now they both are at 0.0002 ~ 0.0003.