Thursday, October 16, 2008 12:21:12 PM
The problem look like dilution and this is a bad news to know they dilute more shares .
When I started to follow this company +- 2 months back the O/S was +- 380M shares and when I watch today the O/S is 414M .
And this not count what he probably sold today .
So this mean the company sold 34M shares on the market at 0.0002 .
If the guy continue to sell shares when we are so low the price will fast go back definitively to 0.0001 .
I hope not but that will soon be like this if they sell more shares before the pps climb back .
When I started to follow this company +- 2 months back the O/S was +- 380M shares and when I watch today the O/S is 414M .
And this not count what he probably sold today .
So this mean the company sold 34M shares on the market at 0.0002 .
If the guy continue to sell shares when we are so low the price will fast go back definitively to 0.0001 .
I hope not but that will soon be like this if they sell more shares before the pps climb back .
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