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Friday, January 15, 2010 10:44:29 AM
Posted by: jufel Date: Friday, January 15, 2010 7:50:30 AM
In reply to: DMcD5 who wrote msg# 27707 Post # of 27711
"I forgot to include the subject of a Forward Split in my last post"
IMHO:
I could only consider Forward Split if we have Profits at the end of the year and as way of redistribution to shareholders. I think it is too premature to think about it.
Furthermore, I'm certain that with the coming promotion there will be some dilution in order to get the needed cash for further acquisitions ( Biodiesel and Magnegas Distribution, Waste to Energy, etc. ) and commitment to the Behl projects.
An educated guess , a 5 Mil. shares added to the floating. If Promotion succeedes, ENTK could get around a liquidity of $20 Million. More than enough to fulfill plans and due expansions for this year.
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