imo, dilution was done in the 4th Q when the price was higher. Cash on hand went from less than $100K to $6 million. You are seeing normal trading imo also.
you assume GGI is like daytraders and want to sell this stock in the pennies. GGI is going to take this as high as they think it can go and if they have full confidence in JF that could mean to another exchange to the dollars. GGI has to know alot about the company future for them to be in this agreement. They wouldnt have signed up to it if thye thought this will only go up a couple pennies.