$SGSI 0nly 20% of the OS is tradable, the rest is held by inders,
Post# of 848
Last week we ran from .004 to .02 in mere minutes of the open, traded 12.5 million shares, so yes a break at .02 will target a run to .03, a 3 time high, high at .034 that will also break on the next hit that will be 4th hit and that will push us to one of SCSI's targets of .10 / share.
At a dime any future ICLD/SGSI convertible debt can be converted to shares at a dime for less than 10% of the already issued OS shares, to raise 4.5 Million in cash making dilution a non issue or event.
This stock did just that in 2014, raised cash at .20 and .40/shares 2 years after the stock had gone to a low of .0068 in 2011-December
History is about to repeat itself for the fourth time.
In fact the .001 convertible debt from the last three years was converted weeks ago to RESTRICTED shares, 30% of the OS shares, at .010/share paying 10 times the price the banksters could have converted the debt at a year ago.
Banksters do not do that unless they know they can sell at a dime in a year or so