looks like the CEO bought 421k shares .0090's, on Friday the 13th according to the Form 4. About $4k worth of stock. He owns about 87mil shares. If I owned 87mil shares I would be focused on making them worth as much as I possibly could.
The key is the convertibles done this spring from financing last year have drove the price down. If you read the filings you would have seen the conversions were based on .0001 pps. Why would anyone negotiate such shixxty terms for their company or shareholders?.
1. lousy negotiator 2. needed money to fund operations and the stock had no volume and that was the best they could get. 3. You loan money to the company yourself then turn around and get converted shares at .0001 then dump them on the shareholders making a killing. Whatever the reason it has kept DIRV from sustaining any rally.
In other words some slease ball dilution king loaned say 10k to the company at 8% interest then a year later collected the interest in the form of shares paying $100 per mil shares of DIRV which they promptly turned around and sold to the shareholders for $8000-$12000 per mil making unbelievably huge gains on their money. ie loan $10k 8% interest buy 8mil shares for $800 turn around sell for $80k, while the principle remains the same. New financing is based on .0175 pps and there is a 6 month restriction on any conversions. When the previous shares are all absorbed into the float the price will go above .0175. I suspect the announcement of news is being delayed until those shares are bought up. Why put out valuable news so some knucklehead dilution retard can just shix out shares. DIRV is in accumulation phase. Base built at .0080. At some point it will just pop up above the 50ma which is .012. .0080's is about 40-50% cheaper than .012's.
Another possible scenario which I have seen from watching lots of dilution garbage is the CEO buys shares reports it on the form 4 it gets highlighted so Newbies get excited and buy while at the same time the dilution retards shix out shares.
At some point DIRV will have to start moving up or the volume will dry up, that is just the reality of POS Pennystock land. No one wants to baghold pennystocks for a long time they want price appreciation.
It doesn't take intelligence to see how dilution can kill a stock in a relatively short period of time.
DIRV management better realize that dilution isn't the solution getting contracts which strengthen the companies financial position will make the CEO 87mil worth a lot. Time to stop stepping over dollars to pick up pennies and nickels.
News 
Market Data 
Discover 
AI
