Ive seen companies with much much more going for them with assets and revenues over dilute the stock through this type of toxic financing and get investigated and kicked to the Grey Sheets.
Something is very wrong here, OTC stocks with very limited revs dont just go on monster runs up from .01 to .60, and over dilute it back down into the ground to subpenny in a couple of months like this....were talking around $30 million USD in money volume traded in about a month, how much of that was stolen by creditors dumping discounted shares??
Like I said, IMHO this CEO needs to answer some questions about what the hell just happened, and why If he wants to be transparent he still has the T/A gagged....Why should anyone give this company their money if they dont even know how many shares are being given away daily from the company at a 50% (10 day average) or so discount to the creditors??
I'll be very surprised if this doesnt get investigated because of the huge volume, price swing and dilution....
Companies like this are ruining the OTC with just the pure greed of what they and their creditors are doing and getting away with IMHO....
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