You're right bubba, Market cap is the key .... any stock can move regardless of the number of shares ...

BUT

from an individual perspective, if I have $10,000 to invest in 2 stocks trading at 10 cents both with equal potential. All things being equal I will invest in the company that has fewer shares outstanding.

From your example, if Medinah had only 200 million shares the SP would have gone to .36 not .12. and an investor would have a 9 bagger not a 3 bagger. that's why everyone get's their back up when dilution occurs. Having said that dilution is a better alternative than bankruptcy provided something can be accomplished.

On another note, since you've been the one whose been defending Guy's exhorbitent compensation for the past few years, take a look at this Using 2009 as an example. Plexmar did 2 PPs in 2009 one at 5 cents and one at 11 cents in total 28.817 million shares and 28.817 million warrants were issued at a weighted average price of 7.5 cents.

So, plexmar had to issue 2.5 million shares and another 2.5 million warrants in 2009 just to pay Guy's $180,000 salary. That's roughly a 2.5% dilution just to pay him at the time and that's not counting the additional $170k in compensation he received in related party transactions and stock based compensation.

Spread that over a few years and it's costing shareholders a lot of cheddar to pay the big cheese at a time when not a whole lot was happening ... When Guy gets this puppy rolling, and i'm talking more than just a processing plant ... we need accord, drilling and results, Guy might be worht at least $350k, probably more ... but to dilute shares to that extent to pay yourself when there is not much in the pipeline is imprudent at best. just my opinion but it seems almost everyone on the boards share the same opinion.

and PLEASE, if you respond, don't say ... "Well why don't you haul your blah blah blah, AGM blah blah blah and tell them what you think blah ablah blah" that one's getting old. It is obvious they don't really give a rats behind about any of us.