Ummm...you do realize that the "Board of Directors", which is basically Cillo, a couple of his friends and probably his pet dachshund, can vote to change that decision at any time, even between the 14th and 15th fairway, doncha?
You're putting a lot of faith into a management "team" that has been horribly non-transparent and not very honest lately.
The charts look absolutely abysmal right now on this thing. With such small volume, any more dilution will cause this to collapse even further. It looks like we've have two days of some solid dilution, around the 1st and again on the 16th; over 30 million shares traded those two days. The rest of the down days was just normal retail bailing. With the increase of the A/S of 300 million, by my calculations, there is still plenty of shares left for even more dilution available.
I've been looking for a bottom and correction to jump back in this stock, but I'm not seeing one becoming established. We broke through the .0010 short term floor, and then the .0007 floor yesterday.
With two PR's filled with nothing but a Hostess Twinkie creamy filling, the increase in A/S and dilution, and absolutely no transparency as far as real information coming from this company, there is no reason for anybody to buy the stock right now, which is why you are seeing such small volume and no price increase. The MARKET is telling you nobody wants to buy this thing and it might drift even further south. Another 30+ million dilution day around the 30th (since they appear to be happening about every two weeks), and this thing could be sitting at .0003.
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