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petermic

12/11/17 8:58 PM

#1716 RE: cjstocksup #1703

There's way too much dilution for DPW to run much. Share count has gone from 7 million to 40 million in 13 months. The market cap has indeed run up a LOT, but if you divide by the share count, the price can't rise much.

It's a losing game because the insiders keep issuing themselves shares and selling them as fast as they can.

At November 11, 2016, the registrant had outstanding 6,775,971 shares of common stock. ... market cap was around $ 5million.

At November 17, 2017 the registrant had outstanding 15,817,393 shares of common stock. ... market cap was around $7 million

And in today's filing:
The number of common shares (20,684,761) to be outstanding immediately after this offering excludes (i) 3,966,000,000 shares of common stock issuable upon exercise of outstanding options; (ii) 9,669,663 shares of common stock issuable upon exercise of outstanding warrants; and (iii) 4,045,607 shares of common stock issuable upon conversion of convertible notes.

Market cap around $144 million today. Market cap has risen 20x in a month!