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Friday, December 07, 2007 1:39:46 PM
It's a little disappointing to see the pps drop like this even though you see the company doing a fantastic job promoting themselves. I think Susnar knows exactly what he's doing...it's that the traders out there don't. Traders see a Reg D filing and think dilution, which is incorrect to begin with. WRII was NOT a shell company, so it was perfectly OK for them to filing Reg D. Unlike ONMC which was a shell company; ONMC had to file their Reg D with a different CIK in order for it to be valid according to SEC regulations.
Dilution isn't happening here...The correct definition of dilution involves management of the company selling shares to employees as compensation, (i.e. wages/salary). I think Susnar and Chornomud have better things to do than sell 10,000,000 shares for $1000 bucks (which would be illegal anyway) especially when you see them promoting Minxx like they are.
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