I believe they have already diluted everything that have. Outstanding share are not at 3.5B up from 3.3B earlier in the week. Another increase is authorized outstanding shares will crush this stock.
I'll take it if the price is $.02/share. That would only add 25 million shares and hopefully the benefit of that cash now, pays off by this fall with new client.
You must be new to the OTC. Every company dilutes. The OTC listed companies are DEVELOPEMENTAL companies(http://www.investopedia.com/terms/d/developmentstage.asp) that require investor demand to supply capital for growth. Every company before it dilutes PUMPS PPS to unprecedented levels using their BIG plans. Sometimes they catch enough market share to make it and sometimes they don't. MINE IMO has a one of the best shots, but I see the rally as a foregone conclusion.
Just look to exhibit A. Expect a PR campaign that will cause PPS to EXPLODE.(HISTORY REPEATS)