Wednesday, August 06, 2008 9:55:00 AM
Companies with no product and no proven marketplace capitalize on the news machine to entice investors to buy the diluted shares . Those companies are quite successful at selling a few billion shares before the gallows trap of reality sets in to the hapless investors who bought the hype .
With Latitude's very impressive speedboats and all the glitz associated with their boats the company could have easily put out earth-shattering news releases AFTER they raised the A/S by 3 billion if their intentions were to dilute . If a company with no product can easily sell a few billion new shares then Latitude could also have sold a few billion had they wanted to while they had everyone's undivided attention .
Somehow there just may be a pony's tail wiggling under all the pile of horse-hooie , and there may just be a RESPONSIBLE plan for the increased A/S .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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