In the past 6 months to a year, whenever the volume has spiked incredibly high, you can pretty much count on checking with the transfer agent and finding out that some amount of dilution has occurred. The reason? Most likely scenario is Asher. In order to pay for the expenses of maintaining a company like this (no matter how low the current overhead probably is), the company has to trade some highly discounted shares for short term financing.
Once Asher is able to convert, they convert a bunch, sell them ALL at a major discount to the current share price but a price that still makes them a nice profit. Then that selling ends, and a few people continue to buy sirg at whatever the ask is and the ask happened to be where it was before all the selling began.
It'd be a good practice to contact the transfer agent today again and find out how much the O/S increased and by how much.
I'm very LONG here so you can trust what I say is HONEST opinion.
You know you are caught up in sub-penny investing when your gold mining stock used to be a cinnamon bun maker, a technology company, and an online auction site!
