Sunday, August 17, 2014 7:12:34 AM
1. Back on Jan 21,2009 board of directors, amended the conditions.
2. 250,000,000 shares can be produced to finance their ongoing operations.
Preferred shares 25,000,000 shares will be converted into common.
If, you remove YOUR ROSE COLOR GLASSES, sometime, and study a stocks true facts, facts will always give you clear picture of the tyre risks of the investment.
Don't attack messenger, listen, and do your own research.
Lets see, currently, 155,800,000 shares outstanding.
Are you following me so far?
Back in 2009 Jan 21. Board of Directors amended their policies too allow PRINTING of up to 250,000,000 shares.
Now, all I stated in my post... Was this stock shareholders value, most likely will increase, IF, that's capital IF they don't print up any more shares..
Do the math: 250,000,000 - Current Outstanding Shares 155,800,000 = 69,200,000 shares. Available to print up.
So, now, I laid out the evidence, Jan 21, 2009 amended
Question going forward, will the company post great hyp of news, then, start up the printing press of additional 69,200,000 shares that's available?
Not fully diluted investment at this time.
That's all my analysis was saying.
Have good weekend, Sir
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