Careclix was not an "infant" when acquired. It was in business, and the due diligence of buyer and seller established a value of $2M. At the time of acquisition, this company had about 103M shares of common stock issued and outstanding, so that made it a 2 cent stock.
I'd heard of the dilution that had occurred, but never looked to see how much. Good lowered...they've doubled the OS... 100M shares sold in at a dime or better...
Not a bad living...
This is now a 1 cent stock, and I'd keep a wary eye out for further dilution.
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