All the hype regarding dilution is ridiculous on a penny stock with 165 Million shares out....and a -$.02/share EPS...
One deal wipes the slate clean and the company rolls black.
They are almost there right now with just digEplayers selling.
This company has NO overhead to speak of...
Pretty good points. I have tried to find similar events with other samll caps to see what happened to their pps, but I`ve had very little luck as many like rev companies have a ton more shares outstanding and trade under $1.
Based on what we know and guess, a small number of shares would seem to have very little affect. Obviously, a large pile -- like another 100m into the float -- would make a difference if all the revs remained the same.
If revenues increase with margins, the extra shares will not matter. We just need to see the ``IF`` become ``When``
John