TheGlobe.com Inc (TGLO)

[In the henhouse]

Come on now, 1/20. Dilute the amount of available shares that much? I understand it’s a “vehicle” but it is also an entity with at present a 100M market cap. I call Silly talk, that would also dilute the unregistered authorized shares. They need shares to trade, a 1/4 is the most they could do for liquidity.

If they wipe the TGLO shareholders from the jump the only shares are theirs, they can swing that if no new shares are gonna be asked for. Can’t legitimately dilute shares, and beg the SEC to allow you to make new ones. And like the original TGLO (90s) scarcity is a great way to pump, and this company has too much time and infrastructure invested for being that short sided.

There is no public float tops maybe 10 percent, I lean towards 7,8%; they would only be diluting themselves and limiting their ability to use shares. As for the institutional investors, I remember and a few others here remember “MORNINGSTAR”.