Oh, I don't know anything about any insider trading.
I know that there is a suggestion that dilution is what cause the price to dip (which I guess is insider trading, really), and others suggest that it is just individuals or a group that caused the drop intentionally to buy shares at a lower cost.
Dilution is very common on the penny stocks, and in fact that is how they raise funds, so this is very possible.
However, it is also possible that someone did this intentionally, suspecting that this stock is going places. If it goes to .018 and you buy it at .0085 you make a little over 100%....but if you can get it do drop to .006, and then it goes to .018, you make 300%.
There is heavy suspicion as to what is going on - and many with lots of experience believe it is dilution because it is so common (and it is).
However, there was a phone call to Adam Engel where he denies that any significant dilution has been going on, and it would "appear" that they shouldn't need to do any fund raising, since their sales (which are "cash") should be filling their coffers.
It is hard to know the truth without proof - but let's hope it is market manipulation, because we can then expect those same manipulators to play up a big increase over the next few days.
They may be doing it right now.
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