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Tuesday, October 07, 2008 10:32:46 AM
As I said before, I hope all that rah rah posting with pom poms didn't cost Biophan too much - after all, they really should be spending that money on the development of the Myotech CSS device, shouldn't they?
Any bets on whether or not they're going to cancel the MegaDilution to 800 million shares?
Kinda thought they might have said something about that by now, as I suspect it has a sugnificant bearing on the sentiment towards this company, and towards the value of its stock.
Still, if you think the true raison d'etre for this outfit is not to generate wealth for its shareholders, but rather to provide a vehicle to transfer private retail shareholders' money to private companies, you'd want the flexibility that 357% MegaDilution could provide.
After all, the funds that will doubless be transferred to Myotech's mysterious private owners and to BioMed need to be sourced from somewhere.
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