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Re: wrenchman post# 72944

Saturday, 09/28/2013 3:09:12 PM

Saturday, September 28, 2013 3:09:12 PM

Post# of 148335
Without knowing how many free-trading shares Peter Villiotis has issued in comparison to the current float, there's no way to call a bottom to VDSC at this time. He raised the A/S by an astounding 1.2 billion shares on 8/20/13 to 1.944 billion and has refused to provide any public information about the share structure since then. For all anyone knows he may have issued the entire increase in free-trading shares.

Make no mistake people, this is massive dilution. It is not shorting or mythical "market maker manipulation."

Charting/technical analysis is worthless when a company is massively diluting. From what I see, it appears there is much more dumping of newly-minted shares coming.

NEVER trust a CEO who is not willing to be transparent about the share structure.