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Re: 1center post# 3940

Wednesday, 05/21/2014 2:36:46 PM

Wednesday, May 21, 2014 2:36:46 PM

Post# of 5799
Yeah - missed that in the Q :



CDOC Security Details
Share Structure
Market Value1 $11,253,163 a/o May 20, 2014
Shares Outstanding 93,776,356 a/o Jan 31, 2014
Float 36,047,482 a/o Oct 31, 2013
Authorized Shares 150,000,000 a/o Jan 31, 2014
Par Value 0.001

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Releasing the balance of the A/S only gets them about $550,000 equity financing at current PPS. They would have to increase the A/S to 1.6 Bil shares more to cover all the debt. Surely, this amount of dilution is already in the price to some respect, but it's never good for market price when such an announcement is made.

I just don't see how they hope to achieve their goal of debt elimination without doing this.

Am I missing something here, 1 ???
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