So it is not worth investing in a company showing growth every quarter and YOY, as well as profitability in an industry with few profitable companies and has only been on the NASDAQ for a year? LMAO This is great stuff!!
This is a very important part of my thoughts on the dilution, it's not just the significant percentage of new shares being added to the float, but more importantly the lack of liquidity to absorb them. There is so little liquidity / interest that these new shares have to be unloaded over a period of years to avoid cratering the stock completely. Which sets up shareholders for a long series of disappointments as otherwise positive catalysts are actually negative as any event that generates liquidity generates selling pressure regardless of whether it was good or bad.
In terms of new selling pressure, one thing to look out for soon is new insider sales. Last year there were quite a few insider sales in June that took the price down substantially. The company explained that the cause of these sales was that their executives are "underpaid" and that selling shares is part of their ordinary income and they can be expected to sell shares periodically.
Here is where they sold their shares last time:
And the historical prices and volume levels during that time period:
One more random thing... they actually calculated the number of shares incorrectly during this time by making a basic clerical error and typing in the wrong number to subtract the sold shares from resulting in incorrect information being filed. I let them know about it and they never fixed it.
Of course I can't say for sure whether there will actually be sales or not, but in order to assuage concerns from insider sales previously Jim Nelson essentially said you can expect insider sales from time to time. This guy is an absolute marketing master when it comes to convincing shareholders that bad things are actually good things, I will give him credit for that.