Emperial Americas, Inc. (fka TEXX)

[Multi-Bagger]

Your numbers look good. But your explanation on F/S does not looks right. F/S is not a dilution.

Before the F/S, the PPS was 6.00. After the 15:1 F/S, the PPS was 0.40. If some one bought before the F/S, the shares were worth $6 and after the F/S they got 7 shares for each share held and price was 1/15th of the original value.

Dilution is only when the company issue some shares and sell it on the market or the warrants being sold into the market. I am not sure if company issued any new shares after the F/S. If they did, may be what you say is correct. But F/S is not dilution. Its a just method to increase the liquidity of the stock.

In all, the share prices fell from 0.40 to 0.01 and it looks like a good bottom play.