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Re: ChuckBits post# 5301

Wednesday, 10/21/2015 3:26:05 PM

Wednesday, October 21, 2015 3:26:05 PM

Post# of 62159
Proposal 3 specifically authorized the issuance of nearly 2,000,000 more shares of common stock, does it not? They approved this proposal, did they not? To me, those are the most recent shares that I had been talking about and assumed everyone else was discussing as well. These are new shares that were actually handed out and can be sold on the market. The first proposal involves amending the articles, and doesn't actually create anything more than the right to issue more shares at a later time, if necessary.

I am not trying to be rude here, so please excuse me if that's how I came off. But considering this board was recently hijacked by people claiming that an analyst rating of 2.0 was the equivalent of a $2 price target, it is easy to see where it can be frustrating. I am not rooting against this stock in any way. I am just calling it how I see it.
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