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Re: nearlynapping post# 54620

Monday, 10/22/2007 9:13:40 PM

Monday, October 22, 2007 9:13:40 PM

Post# of 64738
With a lottery ticket

you actually possess a chance of winning. This is more like sitting in on a rigged game where to whom the winning hands are dealt to and how much is in the each pot is been decided in advance with the principals.

I noticed in my reading that when the last expansion of the share ceiling occurred a vote took place to authorize a class of 50,000,000 preferred shares. I would not be surprised to see them used in an attempt to raise capital. It does not require a shareholder vote to issue them.


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