Friday, August 29, 2014 12:50:24 PM
Labor SMART has gone from 19 million to 27 million shares outstanding in almost 3 years and THIS is what I should consider BRUTAL dilution?
I can think of at least 10 OTC companies that have gone from 20 million shares outstanding to over 1 Billion shares outstanding within the last 12 month period of time.
THAT'S WHAT I CALL BRUTAL!!!
I guess I shouldn't discount the fact that I am speculating in the OTC market. There is no reason to hold an OTC company to the same standards as a stock that trades on the NASDAQ, AMEX or NYSE.
I am here to speculate and with speculation comes risks!
Risks do not equate to controlled growth, conventional forms of financings or conservative operating tactics.
If I want a company with a long term operating history, proven track record and established net income, I'll go find a more conservative investment on a larger exchange.
Until then, I am perfectly happy with what I see for the future of LTNC.
JMHO
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