RE:RE:====> TGOD will hit rock bottom at 0.22 ¢ soon <====Wow! You called that one!! And agree with your comments except the stock is going lower.
Not sure if people are aware of what is happening with these constant equity offerings (3 this year?) but they are short covering deals. Securities firms lend the stock out, investors borrow the stock and then short it, stock goes down, they want to close the trade but don't want to go into the market and buy the stock to return it which would put the stock up, so the securities firms go to TGOD and ask them if they need money. They are in dire need of capital so they proceed with an equity offering that removes the short overhang, gives them the capital, and issues shares to the shorts who then return them back to the firms they borrowed them from. No normal investor would put new $ into this company given its track record. This situation is going to repeat itself over and over again (like it has this year) resulting in massive dilution and a more ridiculous cap table.