750mio seems a realistic target but not for a possible market cap but rather for the share count. It turns quicker than the national debt clock.
These stocks are toxic waste once touched by the financing mafia. Just like aezs! Same story.
Heavy agressive dilutive financing. Shares issued via options at 80% discount to the shareprice applicable at the moment of financing. CEO says the dilution effect will go on for some more months. The CFO assumption at 22cts shares was 300 mio shares added to the float. At 8-9 cts maybe double or tripple!!! This is de facto a scam like GENTA (GNTA) was a couple of years ago.
you need a whopping 1500% price increase to not even break even!!! With 1000 000 000 shares outstanding (which might be true in a couple of months). you would need an astronomical market cap. This is not only delusional but you look to be one of these fraudsters here with the intention to sacrifice other peoples assets to allow selling of hundreds of mio of new shares into the market.
Lots of fraudsters like you here on the board luring innocent people into this SCAM!!! yes SCAM!!! Dilution is the name of the game thats being played here bigtime. The existing sharholders are battling an ocean of new shares that are released under a very very bad financing deal.
Sentiment: Strong Sell
Read the last 10Q. This explains the quick dropbacks after any good news. Shareholders get fleeced, but hopefully some beneficial medecine will ensue sometimes.
I suggested this yesterday and halas its true, the selling pressures pushes it down. Sorry longs imo a financing before end of this month. 1.3 or less with options.
ha ha ha, thats their job. To steal your hard earned cash. Its a ponzi scheme. Crooks rule the stock market.
It was an up-day. This is a very rare occurance with these GENTA-like dilutive scam stocks. The B-warrant discount is moving further up over 80% discount for warrant holders at 10cts... more to come. IMO there will be 1 000 000 000 shares before 2016 comes. One billion shares would give a cash value of about about 5ct/share. So at present time I see a further downward potential of 50%.
You cant win in this game. Try to get a grip.
You push the stock, sell it short with all you have. Knowing that you will be able to buy the shares back at a huge discount directly from the company. Its called financing and its a form of theft. This system is build on lies and deceit.
tells all you need to know.
Jan 3, 2012 : 9.9$
Jun 4, 2012 : 2.6$
Jan 7, 2013 : 2.7$
Jun 3, 2013 : 1.9$
Jan 6, 2014 : 1.25$
Jan 6, 2014 : 1.1$
Jan 5, 2015 : 0.6$
Jun 1, 2015 : 0.3$
Aug 10, 2015: 0.14$
Its a history of dilution and of collosal shareholders losses. The management's pays and bonuses would be a nice item to ad to this chart.
Only reason was to lure you into this nightmare. Dilution scam. Shares sold at a 75%discount so far. Its organized crime. Al Capone would have loved to see these days!!!