This company only had 84 million shares previous and I think 60 mil where the float. So the share structure was to low anyways in my opinion once these shares settle in and dilution is done this will rise sharply and we are nearing that time. The share structure now at 200+ million is much more healthy for trading. Not only where we getting diluted we where also getting shorted at the same time which makes sense of course as dilution would lead to negative short term especially with the previous volatile lower float which retail holders have grown immensely in this stock. This is moving up higher very soon. Thing is we should be having more acquisition news in a couple days here which should be a major value addition to the current already awesome 10K. Everyone has to remember this is a growing company and many companies don't even become cash flow positive for 10 years. So far the business plan is solid and with current conditions all should go as planned and this is going to grow into a huge revenue company. Especially when we get share dividends when the companies split and BitNile will primarily be just bitcoin solid revenue and debt free which is massive. We should see a couple more reverse mergers here soon like the one we just saw with turn on green and IHMC we all will get about 1/2 of a share each of IHMC for every share we own and when the other holdings here merge we will get something similar. So the outlook here is awesome. Buying anywhere in 50 cent range seems golden in my opinion. NILE
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