LTInvestor - as far as i can see there are still approx 26.9mil shares to be sold at .001 (23 sellers), 338.5mil shares to be sold at .002 (126 sellers) and then you have more sellers at .003, 4, 5, etc...
I'm happy to be corrected if this is not correct.
On another note, I hold this stock but a very little amount. I bought at .001 a couple of months ago. for some reason i was a lot more optimistic about this company's potantial at that stage, but not so sure now.
all of this dilution probably doesn't effect me as much as the investors who bought in at a much higher price but i'm still unsure about whether i should stay in or exit at the cost of just brokerage and put my money elsewhere. it looks like i'd be able to get back out at .001 perhaps...seriously, what are the chances that they'll land any sort of contract, anytime soon? and if they did, can they mass produce the product? does anyone know?
thoughts welcome.
Cheers
MST Price at posting:
0.1¢ Sentiment: None Disclosure: Held
