InvestorsHub Logo
icon url

Suspect

08/31/11 10:46 AM

#55298 RE: dmlabuda #55294

It is difficult to prove 100% without knowing the daily O/S.

On March 31 the O/S was 1,445,911,508 with 1,500,000,000 A/S. The major run up from .0006 started around May 9th. The A/S wasn't increased until the middle of June. Mark Leonard could have issued the 50+ million shares during or right before that initial run-up leaving no room to dilute until the A/S was increased in June. Since there has been plenty of room to dilute the PPS has been falling since then.