How about over 34 million after hours for just today alone. Scottrader is showing:
.001 9,999,000 at 16:03:24 (T)
.001 10,669,000 at 16:03:24 (T)
.001 7,000,000 at 16:18:04 (T)
.001 7,000,000 at 16:18:16 (T)
Thats on top of about 55 million shares traded on the open market and the vast majority of those shares were people buying the stock NOT SELLING IT! Whether its manipulation or dilution I don't know but the results are like swimming upstream against the current in a river of sharks.
A never ending supply of shares at a price of .001 seems to make the number of gold bars, press releases and/or how long since the last one came out a mute point. Maybe management thinks the value of this company is only measured by the number of shares rather than the price thereof! Evidently they don't understand that if the price of the shares are higher they don't need to sell as many shares to get the same amount of money and the shareholders get to benefit at the same time. How complicated is that???
I still have faith in the operation of the company itself but the way they are treating the shareholders is no longer acceptable to me. I'm taking my marbles and finding me somewhere else to play, there is a difference between patience and blind faith, hope and reality, press releases and numbers, supply/demand vs manipulation/dilution, free markets and price controls.
Good luck to all, I still feel that in time this company will do well but when and after how many reverse splits and dilutions later I have no idea, I guess only the insiders and T/S agent knows for sure and they ain't talking. When I see publicly traded shares trading during regular market hours based on supply and demand in a free market I may wait 45 days or so, maybe 90 to 120 days and try it again, maybe not.
Pasta Lavisa Boobies!
"Any man willing to give up a portion of freedom for a portion of security, deserves neither freedom nor security" ... Benjamin Franklin
