I don't think any of us question where this puppy will go if all that is true, or when that information is released. The question everybody has is how low will we go in the short term. If the company has chosen to dilute at these prices, can we expect full dilution before any substantial PR's? How many shares do they have left to dilute? Have we only seen 100M of the potential 300M shares diluted? And heaven forbid if we find out that they raise the authorized! If this be the case, and the company plans to fully dilute, there is no way on earth this dip will stop at .001.
Many of you know how strongly I have posted here in recent days. My gut tells me we are headed for the .000's, and that right quickly. CNEX has tremendous potential...just not tremendous amounts of time. If all of these reports are true about a backlog at the lab, it is very realistic that full dilution will occur before the geo results come back.
Jack Black is only reiterating the concerns that many of us have expressed, and he has held in there longer than some of us (hint, hint.) You sounded a little harsh on a guy who wants out of a stock that is tanking, with obviously no concern from the top brass! You need to lighten up a little bit. I may look for a lower entry point...but I've already removed my .0009 bid. Too much quiet from the top will always scare off potential investment.
Remember this folks...Smitter has not gotten in yet, or at least as of the last time he posted. That should tell you something.
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