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Re: CAPT post# 11618

Wednesday, 11/14/2007 10:43:59 PM

Wednesday, November 14, 2007 10:43:59 PM

Post# of 41960
CAPT.

YOu have said over and over that Wilf is still diluting the stock, every dfay, even now. That sir is just not true.

The outstnding shares are 499MM plus. The authorized is 500MM. Therefore, Wilf is NOT selling new shares into the market and diluting the company. He CAN NOT.

YOU say that he is selling 1MM shares every day. Maybe that was true in the PAST, but it IS NOT TRUE for today. It was not true yesterday, and it won't be true tomorrow.

DIlution is an expansion of the OUTSTANDING shares. If shares change hands, even from restricted entities to non restricted entities, that does NOT dilute the company. The earnings that any companmy makes is divided by the outstanding shres to come up with an amount per share. that number is STEADY right now. So, PLEASE stop saying that Wilf is diluting the shares on a daily basis. You may have been able to say it in ignornace in the past, but now that you know that it is PHYSICALLY IPOSSIBLE, if you continue ot say it you are stating a falsehood KNOWING it is a falsehood. And that would make you no better than you say Wilf is.

there is no more dilution going on each and every day, as you claim. PERIOD.

Can you live with that? That what you are saying is wrong? Surely your ego lets you learn new things and adjust statements that you are making that are incorrect, does it not?

PLease stop sayin gWilf is selling shares still each and every day, diluting the company. there is NO shares lef tot be sold (right now) and therefore NO dilution on a daily basis happening.

Thanks.