MedGen Inc (MDIN)

[Jammin1]

If it were dilution, wouldn't we see much higher volume?

Recent volume is only about $15k per day. Back in February, at the same prices, the volume was twice as much. Current daily volume is less than 3% of the float, which is normal for a volatile stock (but would be high for a sleepy stock). If float were much higher from dilution, we'd expect to see volume in the 20M per day range, not 7M per day.