InvestorsHub Logo
Followers 1
Posts 15
Boards Moderated 0
Alias Born 07/28/2014

Re: None

Tuesday, 10/21/2014 1:13:48 PM

Tuesday, October 21, 2014 1:13:48 PM

Post# of 85927
The company doesn't expect any significant revenues in the coming year,but does require an additional 4 plus million in financing this year.
Since,in the past,they have paid usurious rates on money borrowed,they will hopefully go the dilutive route.
That would mean an additional 10 million or so shares at todays value.
With 70 million shares outstanding,it wouldn't be unreasonable to see a 15% drop in PPS from the cuurent valuation.