From May2 PR The Company also announced that, on May 1, 2007, it closed a funding transaction with six accredited institutional investors, for the issuance and sale of 18.5 million shares of the Company's common stock to the Subscribers for $740,000. The Company also issued five year warrants for the purchase of an additional 9.25 million shares of common stock at an exercise price of $0.04 per share. That's not dilution?
Incidently, I own a lot of shares. I expect to make money, but we're unlikely to see .30 anytime soon. This is purely a chart play now. The weekly has some potential.