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Re: dtstx post# 2120

Monday, 11/06/2006 12:46:28 PM

Monday, November 06, 2006 12:46:28 PM

Post# of 37012
Dtstx,

Perhaps I'm publicy showing off my financial ignorance, but I don't understand how you come up with a figure $2M for the current funding. Even with 92M O/S @.04, aren't we really talking about a current shareholder equity of over 3.5M? To fund a 6M reactor I would think that the O/S would need to be diluted to 150M unless additinal funding is secured by the private placements as we are all hoping for.

It may be right in front of me, but I don't see where you come up with $2M.

I'm waiting it out today, and I plan to pick up some shares tomorrow. I don't see how the current price is justified with the current information that we have. I share snow's frustration with the lack of hard information, but at this point (without hard numbers to chew on) isn't it important to remember that we are all speculators and not investors. I just hope that Alex and Steve throw some numbers our way soon so that we can end all of the speculation and justify an increase in pps.




My posts are my opinion only.


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