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Post# of 54103
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Rodger90

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Rodger90

Re: coupleofsnipes post# 24477

Tuesday, 05/13/2014 8:31:25 PM

Tuesday, May 13, 2014 8:31:25 PM

Post# of 54103
I do not think it was a sound financial decision. Diluting shareholders at .004 when the book value of the company is .04 or .05. You would need a 10000% ROI to break even.

At this point in time, capital is scarce. Battle of Banaras was unnecessary to the bigger goal of the studioplex. IMO they should have passed on it. Now that we own it, I will be glad to see the revenues but I do not understand it.
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