Looking at the old owner of this stock, there is quite a case that could be built suggesting he would have RS'd, due to the price dropping to a low of .0001, and the last available OS figure on pinksheets.com being 488 million, with an AS of 500 million. Nowhere for a poor operator to go other than to increase the authorised or reverse split when some suggest that Astrom is a complete crook and then the company had a hopeless or non-existent business plan.
I was not in this stock back then, but I would think rampant dilution may well have been going on and there were no prospects for the company.
All of this negativity has led to a fully diluted market cap at $150,000 today.
A new owner has come on board with a new business plan and experience in the sector he is going to target. He has probably come in and picked this shell up for a pittance as the other lot wrung every dollar they could out of it. The new guy apparently paid cash for the PDVG as well, so he clearly has cash, which in itself is significant IMO.
If he is worth his salt, this will go big, but the DD is still in the early stages. Fringe Remnant posted some info about a communication from him on the board earlier today as did another poster. That looks like a very good start IMO.
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