News Focus
News Focus
Followers 24
Posts 6936
Boards Moderated 1
Alias Born 02/22/2006

Re: wallymac post# 3029

Wednesday, 04/19/2006 10:46:17 PM

Wednesday, April 19, 2006 10:46:17 PM

Post# of 5730
Sorry did I say million? I meant billion. Replace all the millions with billions and then reanswer. The problem I am having is the company has issued more shares since 1/1/06 then is O/S. That means that 5 billion O/S that was in the last 10KSB before 1/1/06 has just increased over 6 billion shares. Ownership can be assigned to all of them but that is still not refreshing to hear 11 billion O/S now instead of 5 billion. I don't like dulition of shares that means half as high as it was going to go before 1/1/06. The more the company keeps issuing shares for payment the more we lose in the merger/acquistion. Don't get me wrong I still think this will get around a penny when it's all said and done.

CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today