First Liberty Power (fka FLPC)

[ddm1082]

To sum it up dilution sucks. We all know it. Convertibles SUCK.

However they are a necessity for most companies in pennyland. It is how funds are raised to further the stock.

In 2013 the company diluted a pop to .015 AGRESSIVELY back down to .004. Shareholders were PISSED. People like TrapperJim were fed up enough with FLPC's style to sell their shares and move on.

Half a year later those shares were worth roughly 800% more because management used the funds raised to complete the catalyst with Fencemaker.

A "rinse and repeat" of this is happening now. There will come a point in time when group8 is fully paid back for Fencemaker, and the O/S will not increase for weeks in a row.

The share price will appreciate and with a completed function mill I expect a new 52 week high.This is the scenario I am betting on, and will hold my shares until it either transpires or is a failure.

It is decision making time. Are you in this for a mill and steady revenue and beyond or not? 650 M O/S at .10 is $65M market cap. With a functional mill pumping out $15M+ revenue a year I think we are worth that pretty easily.