"This is a problem here...everytime s spike happens new shares...

"This is a problem here...everytime s spike happens new shares get issued
Need to sort this imo....80mill shares at .0035 or whatever for what 240k"

Furniture, this is hillarious, well it would be if it wasnt real..never seen such dilution at such low prices.This will make it almost impossible for the share price to rise because of the said dilution. Its quite sad really.
All in my opinion, but this is the very reason why i avoid these kind of stocks with next to no cash and a growing balloooning number of shares on issue.
99% of the time shareholders end up in tears.
This picture represents 99.9% of listed penny dogs on the ASX today.
Very sad.
Sorry for holders here.