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Re: r0und3r post# 1998

Thursday, 04/17/2014 4:16:29 PM

Thursday, April 17, 2014 4:16:29 PM

Post# of 3191
You and monkey may well be correct that SGLB is the exception to the rule. The 600 million share count can be dealt with, as you say, by a reverse split. The problem is not so much with the ginormous share count as what it potentially says about management. How did it get so large? A willingness to dilute shareholder equity on a frequent basis? It would be unusual for a company to start out with that kind of share count so what exactly happened to cause it? As I'm sure you know, management is everything with these small tiny companies and the huge share count just acts as a highly visible red flag.

I will indeed do a bit more research. Thanks.

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