It is very diluted...and that's why I feel a reverse split will happen, eventually. I don't understand why so many investors of MP complain about the company and still have holdings. Take the hit, sell, and go onto the next penny stock. For those holding on, they still have hope because of the many positives. So if it seems like I'm waving the pom-poms, its because MP has a lot going for itself. I feel the marketing of their products was very aggressive and that's why they rapidly shot up to the top.
You want positives, within the next 2 quarters, they will be earnings.
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