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Re: arnold post# 32867

Wednesday, 04/12/2006 12:14:12 PM

Wednesday, April 12, 2006 12:14:12 PM

Post# of 64738
Very helpful, Arnold. Thank you!

So, can we safely expect that additional shares have been sold via "PPO" (can't find the definition for that, but I'm contextually interpreting it to mean some sort of off-market sale) to finance ongoing operations?

If so, yeah, I can see where the price would be a very interesting piece of information. If it was substantially lower than the current stock price, that creates a problem doesn't it? The owners could immediately sell to gain a profit while diluting the value of existing shares. If more than the current price, well, I'm guessing that would be a good thing since the owners would be unlikely to dump their shares at the current price. (This seems to favor the "lowere-than-current-price" scenario, obviously.)

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