Reverse merger, lol, more OTC hype seen on all the boards. Think about this!!. The PPS over the past few months along with the filings show us the company increased the AS to dilute, they are broke and need money to operate. Also there is ALWAYS those in the know behind the scenes that know well ahead if there is good news in the pipe, when that happens the PPS slowly increases over the months as the float is being bought up.
Thats Not happening here, instead the pps has been declining over the past few months.
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Think about this!!
I would much rather have raised A/S than a reverse split.
Also, there could be many justifiable reasons for raising the A/S -- and it's not always to dilute the heck out of it.
For example -- If a reverse merger is a possibility, the A/S would have to be raised!!
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