PAO Group Inc (PAOG)

[rstar]

i have no problem with the 27 million shares issued for the down payment or however it is being used for the purchase of the building.

i was only surprised and upset 1. because i had just spoken with brian the day before and was under the impression that there would be no near term dilution.
he did remind me that we also discussed tht the company would only issue shares to add value to the company and that he could also not give me privileged info not released to all shareholders . i did not sell any shares and accept his explanation

2. i wish they had included in the pr abt the building the information about the issuance of shares to be consistent with their former prs and to avoid the reaction that we saw eod today. would have been a better way to handle it imo .

in any case, the reaction was overblown and those who sold will most likely be scrambling to get back in, some may get in at a lower cost avg, others won't be so lucky.