kruy,,,,i have been gambling in the penny tables for many years now.....they go up and down, and sometimes sideways, and then sometimes in the toilet, and sometimes they scream for 400,000% gains, like LFZA did last fall from subpenny to .80 in a couple of months. fact is though.....if you had a piece of pie with 140pieces, and then that same pie was cut into 500pieces, you have to understand that an increase in the authorized is dilution. whether or not the increase in shares is good or bad.....is not the point. the point is that this ceo, in my opinion, issued PRs with our understanding the authorized was 140mln. we now find out, it's 500mln. he didn't issue any pr's about the increase in authorized. imagine if they had issued the pr last month about DRE and CED and at the same time,,,,,,said in the pr, "Oh, by the way, we are increasing the authorized to 500mln to pay for this transaction." Listen, you do what you do....I just don't like it when I have to find out the hard way, via Nevada corp website that the authorized was increased. Why won't he post the profit numbers, and a business plan? Have you been to the ISBL website, it's outdated, and the last news is from many months ago. Point is, I think he should have been more upfront about dilution. An increase in the authorized is dilution. Now, whethere or not any of those extra 360mln shares make it to market.....that's another story, and yet to be seen, in my opinion.
