Diluted shares are not hitting the market...
Since the last dilution we have had 9 up days and 4 down days. The price then was .0024, yesterday we closed at .0031. It is IMPOSSILBE for 29,000,000 shares to be diluted into the market in 13 trading days and the stock price go up 25%. There is no way in hell that could have happend IF those 29,000,000 shares went into the market. Once again it would of also been IMPOSSIBLE to have 9 days the price traded up compared to 4 day traded down. I don't care what anyone says, volume, price, trading action says those 29,000,000 shares did not trade into the market. When companies dilute millions of shares into the market the share price ALWAYS GOES DOWN!!
One other point since they have diluted over 130 million share in the past 7 weeks the price has went from .002 to .003, a 50% increase in price. I've seen several companies dilutes 30-50 million shares and you will typically see a price drop anywhere from 10%-30%. You will never see a company dilute over 130 million shares in 7 weeks and see the price increase 50%. The reason for the increase instead of a decrease, the shares are not going into the market. People need to start to see this for themselves.
Take care my friends,
Mike
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