InvestorsHub Logo
Followers 3
Posts 132
Boards Moderated 0
Alias Born 05/10/2011

Re: valleyview post# 21269

Tuesday, 10/28/2014 9:24:20 AM

Tuesday, October 28, 2014 9:24:20 AM

Post# of 37236
Like I said before, I think this is a good thing for the company. They need the capital resources to move ahead with their plans and projects. That being said, they just increased their potential shares by 250 million at todays price point, that's a lot. They need to do something to increase their share price or "we" as share holders get diluted significantly. One can argue "if" they will use the LOC, but the fact remains the same, access to the money is the same as spending the money and at this share price that's a whole lot of dilution.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.