Because the market is peicing the stock on give ins - last years earnings. They are not pricing any forward earnings until they see signed contrcts and numbers that are verified. Also the market has priced in the 300M dilution if it happens on last yrs earning. If you noticed it traded more around .02 before the offer & 300M shares put in escrow. Now it trades more around .018. Almost a 10% dilution factored in. Jared has not convinced the markets he has the goods. Just how markets work. He needs to show us contracts and the offer from the a known co. and it will change quickly if he has the goods.
good question, why isn't it .10 yet?? If that was the offer it should be .10 right now shouldn't it?? Why isn't it then. Seems .05 would be the offer now.
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