Dilution is the cause. Don't listen to those people justifying, exusing or dancing around it. Facts are facts. Dilution murders OTC plays.
That being said, moderate dilution can be overcome by volume and high demand. Volume dropped off today (not a good sign) and requires a solid update from management to reignite interest and sustain the ongoing dilution.
Go with facts, educate on filings and never trust anyone on a message board. These cheerleaders aren't always reasonable and rely on emotions to try and make it "make sense".