InvestorsHub Logo
Followers 0
Posts 189
Boards Moderated 0
Alias Born 09/26/2006

Re: gktignol post# 2451

Wednesday, 06/13/2007 6:36:21 PM

Wednesday, June 13, 2007 6:36:21 PM

Post# of 8214
Yep, you're right. It helps, as I used the wrong word. The point was,though, that in order to keep in business, the company has to have revenue (which ITKG has $4003 this year) or sell shares (authorized). In the last year they increased the authorized # of shares by triple, therefore making it easier to "Sell" shares if they don't get the revenues that they had been projected 5 years ago. Actually, I would be impressed if they received in hand, 0.1% of the revenue forecasted back then. That, of course, would not even pay for the salary of one of the Bills but I believe that they have awarded themselves options and shares despite their inability to raise any revenues of significance.

Thank-you for correcting me!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.