He's diluted way too much. That's why it's difficult to keep it above a penny. He dumped 56 million in the last two days.
Over 150 million has been dumped in the last three weeks. When the float is this heavy with dilution, it's very hard to move it, regardless of the news.
I think we all may have gotten screwed, sorry to say. But that's the nature of the stock market. You take a chance and hope to make bucks. Sometimes it works, sometimes it doesn't.
I'm hoping this moves up a bit next week so I can get out and start flipping like Taki. He's probably the only person that made money on this stock, which is turning out to be nothing but a POS flipping stock.
All imo. GLTA.
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