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Post# of 93862
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Cassandra

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Cassandra

Re: niz post# 50782

Wednesday, 11/12/2003 3:16:12 PM

Wednesday, November 12, 2003 3:16:12 PM

Post# of 93862
How would a share price increase help the company raise money? In order to benefit from a PPS increase, they need to sell more stock which would require another shelf share registration. EDIG investors saw what a disaster it was the last time they did that. Stock was $1.08 on the date of the filing. Each sale of shelf stock was for less and less, bottoming out at 0.19.

~Cassandra



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