Followers | 73 |
Posts | 1994 |
Boards Moderated | 0 |
Alias Born | 10/20/2007 |
Monday, December 03, 2007 1:37:44 PM
There is a plan to replace all the restricted stock, 141,000,000 shares worth, with preferred stock.
This should have been announced in a PR, but it wasn't. Now, this hits and it looks like dilution and the stock will plummet.
There is no dilution. They are simply swapping the restricted shares with preferred.
However, the communication between the company and the investors flat out sucks. I am not selling.
Use your energies doing what you do best, helping others to make money ethically.
I miss you CEK.
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