InvestorsHub Logo
Followers 14
Posts 1794
Boards Moderated 0
Alias Born 06/14/2007

Re: LUCKYTT711 post# 185786

Monday, 06/30/2008 4:34:34 PM

Monday, June 30, 2008 4:34:34 PM

Post# of 246383
Hey Luck, not defending Tom by any means, but you can't pull his words out of context. He stated that the significant dilution was in regards to Legacy Debt, which is something he probably didn't need to even state given that there was less than $100K or so left as a balance back then.

All of this other increase in shares is on his watch, and relates to the equity financing he created to fund the purchases we now all boast about.

IMO, it will be very revealing to see the next Q and compare debt balances on the CD's. You will then know who the real partners are with Tom (those not exchanging), versus the quick money looking to get out (those exchanging rapidly).

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill