My take on the r/s and the billion+ authorize increase is that is was put there because of the financing deal. A just in case... You need to maintain a pps level for that financing I guess. Also why increase the authorize every now then as the company grows and you need additional liquidity? Just do it all at once! I'm sure they are not going to dump a billion shares and then do a r/s! What I do see is a company with a plan that started with a clean shell. The company is no longer a shell, they have a contract, financing, and are expanding at a good clip! Look at the pps. Buy some shares and it pops! A lot of shares are being held tightly long term while some day traders are playing with the few shares that are left. My guess is that we may see some more mega deals soon. If we get a few days of decent volume it will test June and May highs again!
For those of you hoping to get the pps down to a tenth or two with these "worries" well keep trying. I will most definitely load up! But be careful That mega news comes out and its going to be us listening to you about being worried about this or that at .10+
LOL!
-E
News 
Market Data 
Discover 
AI
