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Re: ctb post# 25189

Wednesday, 06/13/2007 11:45:25 AM

Wednesday, June 13, 2007 11:45:25 AM

Post# of 44006
ctb -

I still don;t get your reasoning with the private investor. For $5mio he would get ~4mio post split shares which would be 4 out of 24mio post split shares outstanding or 16% of the company.

What I do agree about is that the AS would have to be adjusted downward (maybe 50mio or 100mio at most) to limit further dilution but allow the company to commence stock swap transactions for acquisitions that make sense and do not dilute.

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