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Re: RPH9878 post# 4192

Wednesday, 05/27/2015 9:43:31 AM

Wednesday, May 27, 2015 9:43:31 AM

Post# of 8579
Good morning, RPH,
You, the company, and Paul Knopick all agree that an equity investment is much preferred to convertible debt, and indeed that was the phrasing in Paul's capital-seeking letter from a week ago. I too am board with this line of thinking, as - echoing a point that Sgreg has made - it seems that the impact of potential dilution on share price can be more intense than the impact of even actual dilution.

Lest I forget, I need to tip my cap to Hostastock. His intuition of a (plus or minus) 10 cent target for the stock was far more efficient than all my number-crunching and piling one assumption upon another.