I honestly do not think this is dilution. I think it is strategic shorting, possibly by ICLD and profit taking. If it is ICLD, Ponder may be planning to pay ICLD off with cash in May like he did to buy ADEX from ICLD, and those buying these cheap shares are going to make a huge gain when that hits the news. Shorts will get hit hard!!!!
Ponder and Larry have already surprised us many, many times with amazing awesome news.
Back in April last year this stock rallied from .0025 to .034 after the SEC and OTC red flagged the stock for a very late 10-Q, then in 3 trading days after they PR'd the news they were buying AWS from ICLD the stock was hammered with day trading exits, 10 million shares a day for 2 days, for fear of massive dilution to this day has not happened. The DTC retail electronic share count is still only 134 mil shares. The rest are restricted shares held by officers and bankers that have Mantra Energy for 3 years now with out toxic dilution. The toxic dilution was before they got involved.
Pretty sure they helped Larry pull off the AWS buy to buy Mantra Energy time and to add value to the stock. Which it did
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