InvestorsHub Logo
Followers 31
Posts 1615
Boards Moderated 0
Alias Born 08/13/2006

Re: P3P post# 6613

Tuesday, 07/21/2015 4:58:07 PM

Tuesday, July 21, 2015 4:58:07 PM

Post# of 111967
Could be good news long-term. Could be merger, private placement, employee stock plan or any number of positive things. They already stated they would do no more toxic financing and besides since they own 2/3 of outstanding shares they would be the ones hurt the most be any unneccesary dilution! Just good business sense to give themselves some breathing room regarding autherized shares. IMHO