Sixth Wave Innovations Inc SIXWF

RE:Just so frustrating, they are trying with recent news.

[throwaway11]

The float of O/S is relatively large to the volume. Almost nobody trades sixth wave, meaning the share price is extremely easily moved by anyone with a lot of shares. So, if we had news with material figures attached to it that valued the company at, say, $90 million, then this stock would rise a lot and fast.

The problem is that the company has been diluting us at prices at, as you point out, 1/1th of this. This means that the value of the company is expanding horizontally, not vertically. If the stock goes up to 50 cents, then all of those dilutions are suddenly worth tens of millions. The parties will proceed to dump them on the market, which will tether us at prices like 20-30 cents for months - possibly even years. You know, where we already were for two years.

This is why I am calling for Sixth Wave to CUT their spending, starting with temporarely reducing management's bloated, entitled salaries and reducing its spending on stock promotion (unless they can demonstrate or explain how these have led to sales or business opportunities, since barely anyone cares about the stock).

The share price affects their ability to negotiate a quality of financing for the company. When they are wrecking shareholders more and more with every new financing, people simply become tired of it. Look at what happened to Aurora recently as an example of that.