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Spider Web

03/30/17 10:20 AM

#3516 RE: Spider Web #3515

More Selling Tuesday

How Many Are Being Taken This Week
By The End Of Month Trick To Get Out


Sold Last Tuesday
Trade Date: Mar 28, 2017
417,990 Shs Sold At $0.51
Filing Date: Mar 30, 2017

That's 4,511,822 More Shs Diluted
Into The OS & Float Filed In March



Recent Insider Form-4 Selling
Oct 14, 2016 - Mar 28, 2017
17,579,467 Shs by Temasek/Maxwell
Nov 2016 - Mar 2017
76,266 Shs by Management
TOTAL SOLD = 17,655,733

Current March 2017 Outstanding Shs
Guessing Equivalence Of 372,179,950
( Sept 2015 The OS Was 140,374,297 )


ATM (At The Market) Dilution
The ATM could be another 100,000,000 Shs
diluted into the OS and Float at today's pps.

This 1st Qtr Will Be Bad
They won't even be able to stay ahead of their own dilution. And that's on top of all the debt, bad deals, and interest payments. They have no real cash. They are allowed to pay some of the interest on their debt with common shs, adding to the dilution. They won't meet their collaboration requirements, and will be forced to make those bad deals even worse. They will have to do a Reverse-Split.

Heading Down To The 30's
The New Top is still $0.444. And heading down into the 30's. Don't be fooled by little technical bounces on the chart. The Market Makers may take advantage of you that way. They know what's coming ... A 1-for-20 Reverse-Split.


Just My Opinion