Banro Corp. fka BAA

[Congo Mining]

My point was that RIC diluted at $1 and then went to $3.

They have said that they will not do an equity capital raise until the stock price is over $1. That means...

1) They plan to be in business and get the price to $1.

2) It actually is logical at that price...because if you put out just 40 million shares that takes a big chunk out of debt.

I know what happened with RIC because I was a holder from $1 to $3.
I was concerned about the dilution when it happened but apparently management knew what it was doing and tripled the stock price.

That was my point.
I was being a little sarcastic and pointing out how i've seen it work out in the recent past.