Nano Mobile Healthcare Inc (VNTH)

[ShizlDizl]

Well, no.


The original 100 billion authorization was claimed to have been for the

sake of ownership, although the point may be moot now. It was undesired

hocus pocus imo.


If there's attention to fairness (I laugh while invoking such words on

these boards) and to the best interests of the company, a 20 to 1 RS

places the company on a s/s comparable to Apple (5 billion). If the

product is good and the news that seems close is generally good, the RS

will be an instrument of share price that actually works in a positive

way, that will make the R/S seem wise. And possibly no further dilution

possible at some point. This may slingshot on the right

news, but ThoughtPower is right: the last time a R/S favored the

already-dug-in retail investor I can't recall. Yellow kryptonite.

But there is a way to woo institutional and corporate buyouts without

destroying the share value, and the seeming "convertible clean-ups" may

be a step in that direction.



In spite of my ongoing withering criticism of the handling by the group,

the circumstances of this R/S bode "more" positive, and there does seem

to be better control of many things. There may be a ride in store.


Perhaps it is Groman & co's hand, as one poster has indicated. He has

committed and it's unlikely, given his track record and funding

capability, that he won't see it through. Retail shareholders are like

his "financial employees": maybe he'll see their small commitment as

on a par with the spa employees lol.


SD