It's not the company samples...O/S has gone down...not up! Dang...151 mm shares were just retired!
To "dilute" would mean increasing the O/S & that's not happening. Everything is being traded within the current float of 49.7 mm shares. Why...??? who knows...maybe someone has major bills to pay or something...I know I do. My guess is that it will subside shortly.
If that statement were true, then why is there so much Dilution so soon in The Game?
If there were real revenues and potentially new Profit Streams, why would anyone be Selling?
The most, most would be 49+ million shares to sell. But no more. The company has stated they are not selling shares, "save for any transactions or any possible mergers or acquisitions that are presented to our Board and deemed to increase the value of our Company."
This is a newly public company just changing from a private one. Any way it's portrayed or, maybe twisted is a better word, 49,000,000 is a miniscule float. Remember in any company there must be enough shares for liquidity. This is a POFITABLE company that follows through and does EXACTLY what they say they will.
If there were real revenues and potentially new Profit Streams, why would anyone be Selling?
Duh- that's the beauty of the market isn't it? People are always selling and people are always buying - each person has their own reasons, so no one on this board can answer that question for you.
And there hasn't been ANY dilution here - only a share reduction. REDUCTION = remember they REDUCED the OS to 49m shares - this is a very low floater - very low, and there are plans to reduce it further. Since the company has followed through on EVERY stated goal to date, I am looking forward to the 2ND SHARE REDUCTION!!