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Frank0051

04/20/13 7:33 AM

#1014 RE: stardugbug #1001

I've been pretty hesitant to say that this volume is dilution given that there was the 55 million shares given out for debt repayment. Plus the company has been pretty good at not diluting over the past 4 years unless they are granting shares to employees.

That being said, my guess is the entirety of those 55 million shares were sold by the buyers (remember, they got them at par .0001) by about Tuesday or Wednesday. If that's correct, then today's volume was either a) people selling at losses (like you said) or b) dilution. I'm going to wait to the Q to judge (about 25 days) - but I imagine most of you will be gone by that time when this "technical pennyland moneymaker" doesn't pan out :rolls eyes:.