InvestorsHub Logo
Followers 15
Posts 615
Boards Moderated 0
Alias Born 04/07/2008

Re: es1 post# 145099

Tuesday, 12/09/2014 11:16:47 AM

Tuesday, December 09, 2014 11:16:47 AM

Post# of 165854
The thing that will raise the share price is completion of the milestones they’ve identified. That is unless they can find contractors willing to work for free. They will have to find ways to fund the progress and will either have to sell shares or go into debt to cover the cost of moving forward. How many shares they will have to sell depends on the share price, a lower share price means greater dilution as more shares will need be sold to meet the same objectives and it also means fewer projects can be completed. Selling at a higher share price means less dilution and more work completed. There are approximately 60 million shares left in the A.S. which will generate $60,000 per $0.001 s/p. If they can sell the shares at $0.025 that’s $1,500,000, if they sell them at $0.005 they only get $300,000.

But I’m sure you know that already

Harry Truman: I never gave anybody hell, I just told the truth and they thought it was hell...