When I heard they needed 5 million dollars, I thought big run for sure because there was no way they were going to get that simply by flooding the market with shares.
Oops...hmmm...speculation alert!! Tin foil hats on everybody!!!
How many shares would they need to raise $5,000,000 at, say, .02 per share?
250,000,000 shares
And how many have they diluted since the announcement?
About 350 million.
And what percentage of the diluted shares have they picked up?
I won't even take a WAG on that one, but this is something to consider.
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