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Friday, 08/22/2008 10:37:26 AM

Friday, August 22, 2008 10:37:26 AM

Post# of 32583
I know everyone is talking about KNITE being all evil (and they more then likely are), but you also have to think that there is this huge deal about the dilution of this stock. Anyone that does research on this company is going to see all the good news and then look at the fact that this company wants to add a billion more shares to use any time they want to. Yeah it seems like Billy is a great guy and knows what he is doing, but whats going to stop him from selling 500million shares to make his bank roll nice and fat? Thats what is scaring everyone, even me. Once it hit .024 it seems like a lot of people got out for that.

Any smart investor will know that this is a gold mine. This company is going to make an a$$ load of money. If they get there billion more shares the price is going to drop.... A LOT. It has happened to every company I have researched. A lot of them will also give a large portion to the existing share holders to keep them happy.

Think about it though... 1Billion shares from 250million will bring the shares down to the .001-.0002 range... If released. Why wouldn't anyone that knows this company just buy in there and wait for the Zeros to go away?