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sanbrunobaby

02/06/15 5:50 PM

#24228 RE: Value_Investor #24206

Curious how one would arrive at the conclusion that new shares being issued are responsible for price at these levels. For stock to go up demand must exceed supply - so management should give market reason why stock should be bought. So far they cant even put out any news or even update a website. Maybe they will merge with FCGD.
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MIKEY501

02/12/15 2:15 PM

#24355 RE: Value_Investor #24206

Obviously tens of millions (if not over one hundred of millions) of new FREE shares were already flood to the market through the diluting MM which is why the hyper robust support 52-week low 0.0003 was broken down most recently...



Yes looks like those .0002s will be next to get blasted out on the way to no bid. That is what happens when a management comes in a raises the a/s billions of shares as first order of business.