Frankly, I hope that is the company raising money because it doesn't make sense for anyone except day traders to buy and sell in large quantities who know how the penny stock game is played and know how to take advantage of the signs and clues to make split second decisions. A traders job is to trade and make a profit. Up or down, every day. You have done an excellent job of pointing out some reality about how much you estimate the company may have raised by selling shares. I am please they have been successful so they have enough operating capital to pay the bills. Last thing I want to see is a "for rent" sign on the door of the office in Atlanta. You might think, that enough is enough but maybe it isn't, depends on lots of variables. Underneath all this there is an ethical question that keeps popping up in my mind. I will open the discussion about this at a later date but we really need to consider the ethics of criticizing the company for doing something or not doing something if we already have specific knowledge gained from the company or some other source. I'm not saying criticism is not sometimes appropriate but can be much more powerful and more likely to have an impact if it takes into consideration and presents the relevant facts associated with the issue. The example about the knowledge about the a/s being increased is a relevant fact that ethically must be part of the discussion. I am convinced that if we think about and discuss the issues from an ethical point of view it will guide all of us to bring the relevant facts into play with every issue. It's kind of like the difference between shooting at the issue with a rifle as opposed to a shotgun. Most of what we do is use a shotgun and hope we hit something. It takes good eyesight and a steady hand to hit the target with a rifle.
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