Monday, May 14, 2007 10:52:45 AM
From August 2006 to March 05 2006 RSDS raised $367,000.
In order to raise that much at 18% dilution RSDS would have needed to sell $2,000,000 in shares. I dont see that as a viable figure at all. From Feb 8th to March 05 when the PR hit about the $367,000 revenue and also the period when there was volume on the stock we only raised approx $1,146,000. So we would have to conclude on an 18% theory that we raised $854,000 between August 06 and Feb 8th. From the volume levels at those times I dont see that as true. I believe we raised somewhere between $1.4mil and 1.8mil thus bringing us to about a 20%-26% dilution threshold.
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • Oct 3, 2024 7:00 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM