Smoky Market Foods, Inc. (fka SMKY)

[Farrago]

Sometimes ya just gotta answer your own questions around here...

shareholders are never to blame when the company dilutes them out of relevance. so, it's the shareholders fault if they can't afford to average down? lol. preposterous.

(my emphasis added)

Best I can tell the first time any dilution through Asher occurred was somewhere around 18 April 2012. Someone please correct me if I'm wrong, but that's when it looks like the first shares from the first Asher conversion were starting to be sold.

SMKY closed at .06 on 17 April and at .05 on 18 April. For the first month of April, SMKY was trading between .08-.11, with the majority of days closing at .08, a handful at .09, and just a couple at .11.

Can someone, anyone, please explain to me how the company has diluted shareholders out of relevance? In 6+ months of supposedly horrible dilution and death-spiral inducing, toxic financing...at worst, we're trading around 50% lower. I got it, everyone's entitled to their own opinion, but in a thinly traded stock with a very tight float, a 50% swing in a trading channel is child's play.

Just not seeing it. Especially when it wasn't that long ago that any shareholders who bought prior to dilution had multiple trading days of closing HIGHER than the stock was trading before the first Asher share ever hit the market.

I'm all for giving potential new investors upfront information for them to make their decisions on...so there it is. Judge for yourself.