The dilution has been clearly occurring. When she announced the dividend it was a clear sign that they were planning on getting a run up and dump. but now they have to dump low and destroy the stock. if she would have updated otc she might have got a small run for the dump, but no lets get ready to go dark.
The dilution has already taken place is what I was saying. Now people are dumping because of a variety of reasons. I posted before ......
That's an increase of 450M shares since the last reported SS from a submission back a year ago. Also take note that the number of restricted stock has decreased significantly.
3,286,798,242 outstanding and issued 748,052,850 restricted and 2,538,745,392 unrestricted as of March 31, 2024
It's now 273,052,850. That's 475M that are now eligible to be sold. Added together and that's a whole lot of supply that needs to be absorbed
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Yeah, the combination of dilution on top of shares coming off restriction is a momentum killer.