Thursday, June 03, 2010 1:22:07 PM
Even if the Preferred were converted, that would only add 70 million shares.
Looking at the charts, you could be correct, probably more so as I think about it. The massive volume looks more like constant flipping between .001 and .0016. If there was dilution, the stock would have slowly moved downwards, not sideways. I was only focused on why it wasn't moving up, forgetting that it wasn't moving down.
This is looking good. If we break out of this trading range that is creating all this flipping and volume, with only 450 million shares, this thing could have a nice move up.
Again, thanks. Mucho appreciated.
GLTA
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