People need to get off the horse with the diluting. The prices of shares and the dollar amount do not match to what it would be called dilution. The CEO is trying get us recognized and if you have a problem with what he is doing, go ahead and sell and buy another stock. Otherwise put a sock in it and ride what is going on. Dilution crap is starting to sound stupid...
There is no way that he is diluting. When they are diluting you can get as many shares as you want at the current price of the stock, for the most part. When it has been down at .0002, I have not been able to pick up a share.
LATEST UPDATE ON BUNM FROM BY EXCHANGE WITH MICHAEL:
I had a chance to exchange emails with him on various occasions and Here is a quick synopsis on him and his company: 1) Level headed individual 2) Has a clear business plan to take this company as far as he can take it 3) He is aware of his strengths and weaknesses
About the business: 1) Wont make any significant headway this year unless you consider 'adding eyeball traffic' everyday as significant progress 2) 2008 seems to be a bumper year for the company technologically and in business partnerships 3) If he doesnt take this company private in 2008, he has a winner on his hands and so do we investors
Conclusion: Short/Mid Term investors - This stock is NOT for you unless you are looking for a 200% or 300% gain this fall
Long term investors: A very high chance of seeing 5000% to 9000% returns on this stock by Fall 2008. I dont think Micheal will do a R/S with this company