CortDev Inc. (fka CDVJ)

[DueDillinger]

Nice delusional comment, stc. But marketmakers get their commissions regardless of the direction of the price. Touts and stucks love to blame the marketmakers for price declines.

The decline resulted from stealthy and relentless dilution as CortDev issued shares to (likely) its lender who (again likely) had established a short position when the financing was first announced. Unfortunately, CDVJ is non-reporting pink sheet trash, and there are no SEC filings to tell us the identity of the lender or the terms of the financing.

No matter what the actual mechanism, the issuance of more than a billion shares tends to depress price, and the fact that CortDev hasn't really delivered anything it's promised fuels the trend.