InvestorsHub Logo
Followers 1
Posts 287
Boards Moderated 0
Alias Born 11/27/2007

Re: maybe_this_time post# 22907

Tuesday, 04/29/2014 4:59:22 PM

Tuesday, April 29, 2014 4:59:22 PM

Post# of 85924
I would probably guess in the .20-.25 range also. Most recent private offernig we know of (late March) was 685,000 shares @ $0.20 and 685,000 warrants exercisable @ $0.40 once the stock trades above $0.80 for so many days.

This amount of dilution is reasonable in my eyes and has been something the company has been more than upfront about in all of its quarterly filings.