Encounter Development Technologies Inc. (ENTI)

[Mokyo Toe]

122,710 shares per minute.

That's how many shares have been diluted per trading minute from June 28, 2010.

Even by pinkie standards, that is very aggressive dilution.

If you happen to hold 3 and a half million shares, it only takes about 30 minutes for an amount equal to your entire holding to be added to the OS.

This is why I always recommend not doubling down on these things. It's gonna be awfully hard for the market to absorb those shares in the absence of any visible business whatsoever.