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Re: 72730 post# 22762

Saturday, 12/01/2012 7:18:17 PM

Saturday, December 01, 2012 7:18:17 PM

Post# of 57912
72730 - just for the record, I am long on CLNP and convinced it will indeed rise significantly. But I am also convinced "dilution" has been occurring and will continue. The 312 mil float is now being reported as 330 mil. My basis is this: if Ken aka CLNP sells an average of 2 mil shares per day @ .006 over 20 trade days, that = $240,000. A quarter mil of share sales plus whatever revenues are being generated - we don't really have a clue - will pay for a lot of NASCAR expenses and new salesmen expenses. A penny stock that doesn't sell shares (aka dilution) is a rare bird...