Hey Rico,
I"ve been away from the computer for a week or so and I"m just reading about what happened. I have to agree with you..I think that something is soon going to happen.
It really doesn't make any sence for them to finance 100,000,000 shares for 2 million dollars. If they were really planning on going back into the GPS for more exploration "on there own" or to drill another test hole 2 million dollars would hardly get the rig back on site up and running. As for the dilution you are right again...it really won't make much difference. I"m sure with 421,000,000 outstanding shares the last thing that Steve wanted to do was dilute even farther.
IT will be interesting to see what happens over the next couple of weeks with volume. If we start to see some more action something is definitely up. I think the signs have been showing for a while with Steve giving away 6.5 million shares around the end of April. Time will tell.
Later