Protagenic Therapeutics Inc (PTIX)

[Dr PennyStock]

The moment when ATRN issued those 69 million shares is crucial, because ATRN had only about $5M in debt, so the stock was trading in the $2.5 price range, if the company diluted only 2.5M shares, they would pay all the debt, so this was really bad management, or a great plan to screw the shareholders.

Because whoever decided to delist the company, brought it to .008, and, gave 69M shares to pay all the debt, instead of just sell 2.5M shares at $2.50, committed a crime, I only don't know if it was by pure ignorance, or it was done intentionally to give the control to BD, but, this move needs to be explored.

I will still wait a few more days until the 10 work days pass, counting from the 15G.

This is just an opinion.

I advise to hold because I don't see the stock falling from here, I will hold all my shares.

P.S. - I can't reply to anyone, because I am restricted to only 1 post per day here.