InvestorsHub Logo
Followers 0
Posts 96
Boards Moderated 0
Alias Born 04/12/2008

Re: Soapy Bubbles post# 8950

Monday, 05/19/2008 10:57:56 PM

Monday, May 19, 2008 10:57:56 PM

Post# of 154386
Well I'm glad you submitted the question, "What is the current OS, has it changed since the last statement?" Not quite as direct as using "the D word" but essentially the same question.

If they come out and admit dilution then at least they've got the respect for us to be honest and open about it.

I keep seeing a lot of calls for "proof" of dilution. In my eyes, the way this thing is trading is pretty much proof in itself. Millions and millions of shares being sold at the ask day after day but the price just goes down and down, come on.

I still maintain that the AH trades is the day's tally of dilution. Does anyone have a sum of the AH trades thus far? I've kind of got a very rough figure in my head in the 60 - 70 million range. I was hoping they where going to quit at the 50 million mark, the difference between the currently claimed 205 million outstanding shares and the 155 million it was in the recent past. But if the rough running total in my head is correct we're way beyond 50 million. Roughly in my head, working from the 155 million starting point and adding the AH trades each day, we're somewhere around 220 million. According to the last QA we won't go beyond 300 million but things are going to suck for quite some time if we've got to endure another 80 million shares worth of "AH" trades. What are we doing, an average of about 3 million per day lately?, at that rate it'll be at least another month and a half before things turn around.