I'm not so sure that this could be considered dilution. It sure doesn't have the look nor feel of that in a traditional sense.
It's also making little to no sense to me that the company would remain silent and trickle shares out. Again, it doesn't follow traditional course.
Going back to where the volume started to build, I added up the total shares each day and over the period, the totals don't seem to entirely work for being the "new" shares to the market.
But the silence remains. That's what has me baffled at this point.
If it was the usual suspects as is claimed by some, the silence wouldn't exist. Some sort of artificial claims would be made to try and prop up the price and let more shares flow. But the shares aren't really flowing either.
Now, as for the contradiction in the reduction statement and the actions, consider that it's been nearly 2 months since that was stated.
Initially, there wasn't enough volume to support that the company was buying back. And, in the two months, things may have changed. The one thing that has been tickling the back of my brain on this is how the "insiders" are going to really profit from this if it pans out. They don't seem to have enough shares and inevitably, there are going to be lots of demands for shares from parties involved along the way. Everyone from attorneys to company employees are going to want a "free ride".
That doesn't even address all the insiders being 100% in agreement with direction as well as execution. I'm sure there are people inside as impatient as those outside.
But the silence has now become deafening. It's either really good (as in what most of us here seem to want to happen) or it's really bad as a few seem to so gleefully hope for.
The last bit that has me wondering is that I don't recall seeing anyone talking about their latest phone conversations with PVD. There were lots of those posts a few weeks ago. Now... nothing but questions.
As far as I'm concerned, my shares are what they are. Nothing. If this goes, then they are worth something, and if not, they join the Legions of Shame along with a myriad of other pink sheet companies.
In case anyone wants to play with some unconfirmed numbers, I've accumulated nearly 2M shares in the last 10 trading sessions. Add that to some other unsubstantiated claims and let your numerical inner child have at it.
