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Tuesday, September 25, 2007 5:57:08 PM
GGI will continue to refill their shares when the pps is to their advantage and continue to sell shares all the way down to sub-penny again.....If you choose to not believe me, then wait for the next share count update and see how much dilution has already taken place (like previously).....
GGI was owed hundreds of billions of shares at a pps of 0.0003 (pre-split)....Post split, the share price has already dropped to less than 10% of its split value.
So lets just say 250 Billion shares for arguments sake....then lets divide that by the split (1,000)....that means if the shareprice had stayed at 0.30 pps GGI would have been entitled to 250 Million shares. Now if you calculate that the shareprice has already declined 10 fold.....GGI is owed somewhere in the range of 2.5 Billion shares to satisfy the current agreement and that does not include any remaining draw that GMFX may be entitled to by agreement!
So in other words....under the current set of circumstances the OS will have to go from 8 Million to over 2.5 Billion just to satisfy GGI's agreement with GMFX!
Dilution, Dilution, and more Dilution.....death spiral financing at its very very best!
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