I think PayPerView and CarpetMike are saying it was pumped & dumped by Henthorn. That would mean he has to have diluted the stock and sold to unsuspecting customers as far as I have always thought it meant. I mean, jsut because the stock ran doesn't mean it was either pumped or dumped, but it could have been. I think the way to tell is to look at the sahres.
Usually when a CEO does a pump and dump in penny stocks then the shell ends up having billions of shares outstanding. This one says 164 million shares outstanding. At half a penny that means the company had a total market cap under $1 million, which seems like no big deal to me.
The question is, did Henthorn dilute the outstanding to billions of shares and sell them?
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