I agree that 105 million is not bad, with 20 million restricted shares and several million other holders who bought at .30 per share that aren't in the mood to sell down here.... However, I see nothing that shows the company is prepared to stop the dilution...
However, as we well know, at any time, they could get a new source of funding, cancel and pay off the CD's, and the stock price would soar.
I'm certainly planning on holding and buying more on dips, just like I did with SWVC, and will re-evaluate my position after the 10Q and more SEC filings are made about the financings.
We don't know exactly what the NEW FINANCING will be...yet...
This company with its huge profit margins, could still be a nice runner.
Those that are weak will leave, others will hold their shares.
GLTA