Tuesday, May 12, 2026 5:06:11 PM
Another 4,130,751 shares were added to the dilution total.
In my opinion, if the volume stays high or even moderate throughout the day, it’s probably being driven by news or short covering. Otherwise, it’s likely dilution, since volume usually fades once the dilution is completed — and we’ve seen that happen several times before. But hey, if they did dilute, at least it was at prices above $0.27, which is much better than diluting below $0.20, right? Let’s see what tomorrow brings. I’m still hopeful the price recovers from here.
Monthly breakdown:
May 2026 (to date): 11,157,098 shares (4,380,845 +1,322,751+1,322,751+4,130,751)
(1,649,374,080 – 1,638,216,982)
April 2026: 21,740,923
March 2026: 17,732,625 shares
February 2026: 7,853,985 shares
January 2026: 22,808,837 shares
Total dilution (2026 YTD): 81,293,468 shares
Total shares outstanding: 1,649,374,080
AVG Dilution: 81,293,468 ÷ 93 business days = 874,123 shares per business day this year
In my opinion, if the volume stays high or even moderate throughout the day, it’s probably being driven by news or short covering. Otherwise, it’s likely dilution, since volume usually fades once the dilution is completed — and we’ve seen that happen several times before. But hey, if they did dilute, at least it was at prices above $0.27, which is much better than diluting below $0.20, right? Let’s see what tomorrow brings. I’m still hopeful the price recovers from here.
Monthly breakdown:
May 2026 (to date): 11,157,098 shares (4,380,845 +1,322,751+1,322,751+4,130,751)
(1,649,374,080 – 1,638,216,982)
April 2026: 21,740,923
March 2026: 17,732,625 shares
February 2026: 7,853,985 shares
January 2026: 22,808,837 shares
Total dilution (2026 YTD): 81,293,468 shares
Total shares outstanding: 1,649,374,080
AVG Dilution: 81,293,468 ÷ 93 business days = 874,123 shares per business day this year
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