Market 99 Ltd (fka MNTY)

[thesource]

Dilution is not our friend in this situation . The more they add to the pot , the harder its going to be to get a run going and the better of an excuse they will have to pull a reverse split in the name of whats best for the company and its investors . I can understand them needing funding to open more stores but they should be seeking private funding through banks or finiancial institutions not from selling more shares into the market . Ask yourself this ..... where is the money from the 1.2 billion shares already in circulation ? I promise you Desmond has been living on it and it has not went into the company at all . So that means they are going to have to dilute the crap out of it at these levels to open more stores and it will never make a good run . I bet we end up with 5 billion shares in the float or a major reverse split before its all said and done .

All I know is this POS better start moving in the next 7-10 days or its game over for any longs holding the bag .