Long as well 200K. A co. in growth either
borrows the money as debt or raises $ thru additional shares by expanding the A/S amount.
This co. with only 29M O/S is such a small share count. If I owned a business and had room to expand share count for future growth I would do so versus borrowing money and creating a debt situation.
A/S was increased to create the oppty for future expansion capability. The O/S was not increased and no dilution is occuring.
Some poster stated earlier that this co. only creates irritating ads for the internet. If so, why did revenue and more importantly, retained income grow that much if the ads were so irritating. This co. is in a market that has little or no competition, and great contacts in the Asian market. Expanding its sales force who are commission only, so no increase in expenses to AAGH.
Amazing how traders panic with the thought of the A/S count being increased. That doesn't mean the O/S will ever get to that level, just allowing for future growth. And a bs gap down this morning, with weak hands bailing.
Best Regards
Not a buy or sell recommendation
