Thursday, May 25, 2017 12:51:15 PM
Unless its to build units, or some other fabulous reason like increasing the value of the company by acquiring assets, i say no way. We've been taken advantage of, and been walked on enough. I say enough is enough. The buck stops here.
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How does the company then survive? It doesn't have cash flow and the existing warrants and option obligations would push the existing authorization with too little room to maneuver. Nope the increase is life blood for a lifestyle stock . I'm surprised so many pros object...after all it's a poison pill and favorite excuse of penny architects to stave off Kmi takeover attempt. It's all fantasy!
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