Friday, December 28, 2012 12:23:47 AM
Management now has 1,000,000,000 shares of stock that it can use to raise much needed cash.
It's obvious that there will be substantial dilution ahead. It's what penny stock do.
Volatility is to be expected and 70-80% swings will occur.
Average down as it falls and pray for a bounce is one approach that can work over a span of time.
Interesting times ahead.
p.s. Never invest more money in any stock than you can afford to lose especially penny stocks.
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