He got rid of a decent amount of debt, and added to insider shares. He also lowered the operating expenses and revenues will begin coming in next quarter. The quarter following next quarter will be way farther in the green because of the deals initiating and actually taking effect. Also, you must remember.. most pennys that people play that are not diluted and skyrocket never make it big. Dilution is a part of growth. Why would we want a company that has 1,000,000 authorized shares and OS and 0 Float... That is a sign of a business that can not and will not grow. Steve already explained the share structure will increase along with the revenues and deals being signed in order to ward off any dramatic drop in share value. That being said.. while it is still in the penny level the price range will be volatile on days that are slower trading days.
AKA: The business will grow... The number of shares available will grow... The revenues will grow... The shareholders will grow... The PPS will grow. If we want a stock that shoots up quicker, then prepare for a stock that falls just a quick. We seriously ran from .002s all the way up to .058 and fell to consolidate in the range we are now. The reason for the fall was simply traders exiting that were not strong hands, longs, etc.. that were here simply looking to jump on the gravy train.
All information above is the opinion of myself, a long, since .002 range.. GLTA and Go ICPA!
