Tuesday, April 25, 2006 11:54:43 AM
I believe the additional shares, are needed in management's plan for all the reasons stated in the financial statements, plus to prevent a takeover.
As I understand, we are in quiet period again, in the closing of Hipcrkt. May be, as previously, the lower the pps, the lower the number of shares - the lower our payout in stock will be. Chas., selling stock, has diluted the pps more. The additional 5 bil. also dilutes the stock more. I have not researched our stock payout on Hipcrkt. You probably have. This issue may be, in the long run of things, Chas will own more shares. There is a specific reason management wants the pps down - I am only speculating.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM