Any fortune potential is truly stifled now that there is going to be 5 billion shares on issue. The capitalization at something like 6 cents is 240 million where as before the dilution the capitalization would have been 120 million. A price that was still unreasonably high but not out of the realm of possibility.
Couple that with the loans taken up by shareholders and there's going to be a lot of motivated sellers trying to get out of their option loan commitments. I think with management's poor performance and policy of not creating value by dilution you'll be lucky to see 3 cents. Not the fortune anyone was expecting but the company reaps what it sews.
OMouncements, page-47
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Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $16 | 7.944K |
Buyers (Bids)
| No. | Vol. | Price($) |
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13322300 | 27 |
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