InvestorsHub Logo
Followers 2
Posts 556
Boards Moderated 0
Alias Born 08/08/2006

Re: fatbacker post# 65226

Tuesday, 11/14/2006 7:38:15 AM

Tuesday, November 14, 2006 7:38:15 AM

Post# of 203990
fatbacker, first of all, you need to stop stating the A/S increase is 5bil, it is only 3.5.

apparently, you still do not understand this concept. If 5bil is authorized at a point in time, but management "forgives" 1.5bil of that authorization, then only 3.5bil remains "authorized"

if you keep spreading posts that still state 5bil are authorized, you are outright being dishonest.

secondly, burg has stated several times that they plan no large dilutions. I called to confirm if they were currently dilution as i attested several times last week. He stated NO. pandey has stated that their A/S raise is not the intent to dilute, but to remain flexible.

Dilution will be a moot point. Once the factory is up and running, and those estimates pandey supplied are met in time, they can easily use operational funds to buy back and CANCEL OUT Xkem stock.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.