Aug. 31 at 10:12 AM
$GNIS
Re: Quarterly: The filing shows the dilution machine was running full blast.
Show me that the outstanding share count has stopped exploding.
If
$GNIS can stabilize the OS around the current level, finish cleaning up Lancaster/Trillium/etc., and then announce actual Travaleo revenue or funded transactions, that's a completely different animal.
If the OS keeps marching toward 600M, 800M, 1B while revenue remains effectively zero, then the bullish story is being financed primarily on shareholders' backs.
So this filing isn't a deal-breaker for me — but it absolutely raises the burden of proof.