Remember when Pagnano was touting 2 billion outstanding shares after being outed on this message board and in emails to him?
Last investors knew there were 25 million shares just months earlier at the last reverse split. Isn't it misleading to then not tell shareholders they increased the authorization to 15 billion shares and exponetially-increase the dilution?
How would joe shareholder not now undersatand just how they have lost their entire investment...maybe ffor the second time in a year?
Guess what? There are not many dumb enough to buy more shares in this thing after getting Pagnano'd once again.
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