Let's talk about the retail dilution tax. $PAVS is a $1M market cap company. Today, they announced a $10M direct offering at $0.20 per share.
Read that again. A company worth $1M is printing $10 million worth of new paper, yet the stock closed up 10.59% in the after-hours.
Historical base rates for catalyst-driven micro-cap gap-ups show a 59% fade-to-red rate across 11,458 instances.
Filtrix forward call: $PAVS's massive dilution will trade below today's offering price within three sessions. We'll grade the receipts here.