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garrett800ca

09/25/09 4:59 PM

#20498 RE: Cable Dawg Crew #20497

Because people keep buying this and running up the PPS, it's happened several times. They want their lotto ticket, and who can blame them. But then shortly thereafter we see 'selling' and the PPS goes right back down to half a cent. Then, the volume dries up completely. We are never able to hold any gains here.

It looks to me like CM might be diluting after any buying surge to keep it around where he wants it, around half a cent.

I wonder where Google gets the O/S info, they have 14.7MM shares outstanding, seems very reasonable but it would be interesting to know where they got that number. We sure can't get it out of anybody. Why would they have that number if it wasn't true, it does not seem arbitrary. It means this has only been diluted by about 4MM shares. Not enough for CM to line his pockets, but just enough to keep the PPS in check. If that's the case, it's great to know the dilution is so tiny. The volume reinforces the lack of large scale dilution.

All theory, but that's what I think and it makes sense.