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Sunday, 05/04/2014 9:24:56 PM

Sunday, May 04, 2014 9:24:56 PM

Post# of 85070
Okay, since most of you guys are savvier investors than me, help me out a little please.

The agreement allows MRNJ to issue up to $1 million worth of stock and sell it to Macallen. 334 million new shares seems pretty dilutional (although with almost 6 billion shares outstanding, this isn't that much of a percentage increase - unless my math is wrong).

But what I'm wondering is, how does this benefit Macallen unless the stock goes up? If they get $1 million worth of stock and the stock price falls by half, they just lost $500,000.
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