No, PinkElephant, it doesn't.
The contention was that the entire reported increase in o/s was shares issued as free trading and issued in such a manner as to be the cause of the after hours trading. Well, that has just been proven wrong by this press release.
So, nothing to be "scared about".
The other point that I'm in shock about because we've not had any of the more negative types come on here to apologize about being WRONG is this statement...
Hemi has been cash flow positive for all of 2008 and continues to be cash flow positive from oil production.
You've got people on here who have made matter of fact statements that the only reason they are cash flow positive is from the issuance of shares. Well, this just completely and totally showed that to be wrong yet I don't see any apologies for those incorrect statements.
