it's difficult for the stock price to keep up with that pace of dilution,IMO
What's the possible maximum?
Has anyone else noticed this from the 10K? We are no longer at 100M authorized. It's risen to 114M.
Stockholders' (deficit):
Preferred stock, $.001 par value
10,000,000 shares authorized
None issued and outstanding (Note 9)
Common stock, $.0001 par value,
114,000,000 shares authorized,
64,971,638 shares issued and outstanding 6,498
Additional paid-in capital 30,002,411
Treasury Stock, 13,130 shares at cost (125,000)
Accumulated (deficit) (37,888,635)
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Total stockholders' (deficit) (8,004,726)
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Total liabilities and stockholders' (deficit) $ 1,207,534
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