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viking86

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viking86

Re: Lucky Loser post# 18277

Wednesday, 09/12/2012 4:08:50 PM

Wednesday, September 12, 2012 4:08:50 PM

Post# of 163718
I donot even think we will have any dilution left for the year. The answer is right here in Chad's reply to my email:

The Company is planning to retire 6M shares, bringing the total basic and diluted to 84M for the end of 2012.

The basic was at 84M at the Q2 CC on Aug 24 if you back out the 6m shares Solomon said he was about to retire. If the basic and diluted is also 84M at the end of 2012, that means to me we are done with any share issuance for 2012 and 6m prefs will be retired, not commons. I may be wrong but that's the only logical answer imo.
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