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Re: Spartak11 post# 53575

Monday, 12/05/2016 12:36:10 PM

Monday, December 05, 2016 12:36:10 PM

Post# of 104461
If revenues were going to be large and fast, why would there be a need for the 9 million in financing just announced?? 9 million is a drop in the bucket compared to the hundreds of millions in revenues that are regularly projected here.
Sometimes this board is loony. There was all sorts of angst when this was announced on Friday, yet today's modifications seem to have placated many. Why? By saying they were limiting themselves to a 1-25 split and then reducing the share count by 6-1, they are still leaving room for a 400% watering down of the current shareholders. If you thought Friday was bad, this makes it better??? If you say that's a worst case scenario and this great company would never do that to us, then why was it so bad on Friday??

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