Replies to post #12498 on PositiveID Corporation (fka PSID)

[kappak]

Stocksfly, you say the only way we lose is if they dilute this stock.

So...

With 375M shares outstanding, the company did a 25-1 reverse stock split, leaving an o/s of 15 million shares. Most shareholders were wiped out, except executives and Ironridge.

When you joined this board, the o/s had inflated to 40 million shares.

Now the company has 62 million shares outstanding, just 4 months after you came on board.

Considering the latest deal covers about 1/10th of their operating expenses, and the number of Series F shares outstanding... This leads me to believe the printing press will continue, and will accelerate unless some major news is released.

I've found it is pretty hard to catch a falling knife. The dilution has burned every speculator who has invested in the technology, rather than investing in the stock.

Yes the stock is screaming... As are the investors.