YEP! DILUTION has to have happened if not still happening. There were no large insider holdings prior to the past weeks of streaming shares flowing through the market so the obvious source would be from the MASSIVE 4.25 BILLION NEW authorized shares and the remainder of the PREVIOUS 1.5X increase of another 450 MILLION shares.
IF we get another 10Q in August I think it will be absolutely awful. If the company is on it's last gasps then why bother filing again, right? No merger news so it isn't looking very good for this company. They even said so in the last 10Q. Could be over soon.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.