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Bobwins

07/31/15 11:42 AM

#645 RE: moneymoney4me #644

they still need that Indian fundraising to get the whole process started. $20 million was the target announced in April/May. Not a peep since. I hope their big Indian rainmaker can raise the money or this rocket ship will stay on the launch pad.

VVVVVV

07/31/15 11:43 AM

#646 RE: moneymoney4me #644

Well, as long as they don't dilute!, Unfortunately, that's not how it works with small cap stocks! Watch and experience it. It maybe not see single digits but, if it hits $ .25, it'll retreat to low teens.

VVVVVV

08/01/15 5:31 PM

#659 RE: moneymoney4me #644

If they don't have money, dilution is imminent. When the price goes up, is the best time to dilute into the buying. Happens all the time. Small cap stocks never just keep rising, without a pullback. Obviously, some news is coming out. That's where the saying comes from, "Buy on rumor, sell on news"!

Experience prevails! You may want to research the history of this stock. They're big on dilution! There's 400 million authorized shares. One would think they be using some of them, you think?

It may not retreat to single digits (darn) but, low teens will appear, IMHO.