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Re: stayfocused post# 995

Friday, 12/21/2007 8:07:55 AM

Friday, December 21, 2007 8:07:55 AM

Post# of 47806
Xbootienow, as you've probably noticed I've been a pretty strong long of late. I do have concerns...about the number of outstanding shares....but I also believe the major problems here are the result of Market Maker manipulation.

If BLLB was dependent on additional funding to survive, they (and we as investors) would be in big trouble--dilutionwise. However, they aren't. While I believe a higher stock price would be helpful to them (to make acquisitions and such), it is not essential at this point.

I'm assuming most things will settle out after the end of the year. If there is additional dilution that will come out in the year end audit. I figure that even if there's been a dilution of 25%, which I don't expect, it would still only mean we have 44 million shares outstanding. I could live with that and would expect the stock to trade up from current levels. Also, I think it's possible the size of the O/S will pretty much stay the same and the size of the float will be increased.