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Re: swimom post# 19159

Friday, 05/02/2014 1:26:12 PM

Friday, May 02, 2014 1:26:12 PM

Post# of 30644
Swim,

I think the dilution will stop once Petron becomes profitable. There is no doubt in my mind.

The question I have is how many outstanding shares will we have at that point? We are "ok" for now with 2,230,000,000. The price could still move. But if you have 15B shares a share price of .01 would give Petron a market cap of 15,000,000. Would the market justify a market cap of 30,000,000 for .02? 45,000,000 for .03?

When I hear these rosy predictions of two dollar share prices I can't help but feel embarrassed for the poor delusional fools. Having said that I'm just using lotto money. So lets see where this goes.

PS> I see you survived Memphis. Welcome back.

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