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Re: shavitmi post# 572

Thursday, 01/18/2007 12:02:19 AM

Thursday, January 18, 2007 12:02:19 AM

Post# of 576
Companies that habitually reverse split their stock will always be valued based on their rate of dilution. Jeff dilutes his company so fast that the market cap will probably reach 10 million before I finish typing this post.

The value of your shares is diluted around the clock so that Mr. Flannery can pay for all of the acqusitions like the one he just made.

I agree that eventually one of these ventures is bound to pay off for lucky investors. In fact, look what AXGJ did recently before it's inevitable collapse.

Someday he might turn the dilution machine off and actually pay for his business ventures with profits from his business operations...

I'm such a dreamer.


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