museman, there are a few lonely voices of reason amidst the cheer-leading!
What I am not able to quite figure out is whether some of the posters who offer what I call outlandish price forecasts really believe their spiel. I don't question anyone's motives - at least I try and refrain from doing so - because it is not productive.
What you, I and a handful of other lonely voices try and offer is a dose of reality. Part of that reality is that none of us know how much additional dilution is currently occurring. I would rather buy more CGFIA stock once I know the dilution is over even if I buy at a higher price than to try and pick a bottom. The simple reality is that if one buys at the ask at .0006 when one can get it at the bid, you are paying 15%+ more than you need to do so.
With the level of dilution that is occurring, until CGFIA starts producing some revenue, the likelihood is that we will see the price of the stock under pressure. So there will be more dilution at an even lower price resulting in even less cash generated as the price drops.
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