I think the only way out of this is if it is all
Post# of 45510
I think the only way out of this is if it is all part of a future ploy, i.e. start releasing some great news and then throw a news in there that they are cancelling at least a billion shares. Otherwise, they need to release some financing news to show that Steve is credible by saying he needed to get the A/S away from the O/S to obtain better financing deals. Either way something needs to happen from it pretty quick. You don't build a billion dollar company by doubling your authorized shares. Took long enough to convince people that 2 billion was OK and now it is double. I thought OK 2 billion that was what he needed to get this where he needs to take it, I will embrace it and try not to worry. the fact that it has now doubled is terrible. I am expecting a massive dump to .002 or below before recovering. Too much panic selling with not enough bid support. then I am expecting a recovery back to about .004-.005 once things calm down. that will probably be our new .005-.008 that we have had lately. We have a whole different animal here now with the share structure. Then if revenues Steve has spoke of do come to fruition on future Q's we will climb a little bit more. it will be very difficult to get back to .05 though. Think about it, say they issue a few more shares and we're at 1.5 billion outstanding well that is a 30 million market cap now at two cents. We cant even hold about 5 million.