Radioio Inc (RAIO)

[rasta48]

You must realize that on December 31, 2010 a few days/weeks before the run to .68 IWDM only had 106,000,000 shares outstanding. Today they have 166,000,000 outstanding.

Those additional 60 million shares represent a 56% increase in outstanding shares. So any run here is naturally muted by have 56% more shares outstanding. This is the horror of dilution.

Also plenty of people have been burned since the dump from .68 - .04 that they are not willing to participate again, and you need buyers to pay up in order to get a pump to higher levels.