Sysorex Inc (SYSX)

[SirCharge]

I don’t see any sign that there is dilution currently. The price today looked like a normal drawback after more than a 200% gain (.0006 to .0019 then back to .0012). The OS increased but the last update was on the 14th and on the last 8k they stated there were several debenture conversions pending. They also stated they’re reserving room for a billion shares for a private placement in the AS. That means there would be room for only 108m more shares even if they don’t need more space for pending debenture conversions. It sounds very possible that dilution is over for now until after the RS.

Actually, I’m wondering if the 1b shares is meant for Ostendo. Otherwise Ostendo is allowing 1/3rd of this shell to be sold to a different group for only $500k. If it is Ostendo, they buy the shares, reverse split happens, they announce, and then they clear the debt through private offerings and look like heroes.

Interesting times.