Actually there is no correlation between the two.
No inside employee sales going on.
OLD DEBT FROM OLD NOTES FROM OLD LOSER CEO'S FACING JAIL TIME FROM UNETHICAL BUSINESS PRACTICES
fact: THE CEO IS WORKING FOR SHARES
fact: VP WORKING FOR SHARES
fact: The credit line in March is REVOLVING, IR says PAID OFF TIMELY AND INCREASED
,,,SO they got 250k$ line of credit SOLD FUEL FOR PROFITS
AND THEN RENEWED THE LINE OF CREDIT WITH AN INCREASE….HMM WHAT COMES NEXT?
o yea. MORE FUEL SALES =MORE PROFITS
and please, everyone should understand that the line of credits they receive are for their operations which are fully functional. and entirely separate then the "debt" naysayers keep talking about
and in a bit of time, that debt will be long gone, and the profits from line of credits for operations will start to work in the shareholders favor big time!
so sure, its not perfect…IF IT WAS A PREFECT PICTURE THIS WOULD BE NO WHERE NEAR THE TRIPS
you got a real company with real revenues that went through real turmoil with the US DEPT OF JUSTICE, during which it was hard to get lending for their fuel, and it was hard to get investors for their stock…. so low revenue, low investing , COMPOUNDED by dilution = down down down down.
However there HAS BEEN MORE DILUTION IN THE PAST THEN THERE CAN BE NOW. and if you look @ the history, this makes 100%-400% jumps EASYYYYYYYYYY
and if it can jump that much during HEAVVVVY dilution, the moderate conversions going on will are not enough to keep this from popping. imo