Replies to post #173905 on Enzyme Environmental Solutions Inc (EESO)

[mastaflash]

"wouldn't there have to be some kind of news release or something to protect the current shareholders??" --- ahhh....no!

[reversesplitFTW]

There is nothing to protect shareholders. Companies are looking for ways to raise capital and unfortunately issuing shares is an easy way to do it. They issue shares through a MM which then creates a huge wall of shares like you just saw at .003, people become impatient and start whacking the bid. The MMs downtick it because there is no more demand for shares at .0029 so the wall moves to .0029 and so on. That's how runs are killed and you see stocks like EESO go from multiple pennies trickling back down to .0001.

[outperformers]

The way I understand it is this:
Go to the daily Ihub chart and look at the volume bars. Blue is buys, red is sells, green is dilution. You will see very little green if you can see it at all. I do not believe that is what's happening here. Just buying and selling action. Do not listen to the dilution chants, they are put out there to scare you, IMO

http://ih.advfn.com/p.php?pid=webchart&cb=1253816618&symbol=NO%5EEESO&period=0&size=19&volume=1