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Re: Lewis R Goudy post# 9671

Thursday, 04/03/2008 10:42:38 PM

Thursday, April 03, 2008 10:42:38 PM

Post# of 19309
Lew,

I do like you as well. Now, don't get any ideas because I am not going to meet you somewhere :)

Perhaps you misunderstood me or I didn't make myself clear. I do agree and have grown more concerned about dilution. I don't want massive dilution, especially at these prices which is why I said I preferred 10 million.

I do think there will have to be another dilution, but don't think it will happen until after the partnership. In fact, I expect it could happen very soon after the partnership, especially if GTCB stock price goes over $1 and stays there long enough to keep listed on the NASDAQ. Unless GTCB gets a great partnership with $20 million or more up front money, which I don't think there is a prayer of happening. If GTCB does meet the NASDAQ listing requirements, I would be shocked if GTCB didn't issue more shares. I could live with 10 million shares at more than $1 a share as a means of limping along until we get some material news. What has bothered me about Cox and GTCB management more and more is how we haven't once heard about some measures, any measures, to cut some costs. Even a symbolic salary cut for the executives would be welcome.

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