Thursday, November 06, 2008 2:07:42 PM
I don't think they will reduce the A/S. They already stated the reason for the R/S was to increase the dollar amount of the shares allocated for the Austrailian Centepiede maker.
The 4.8 bilion was, in part, to pay for that transaction. Accoding to what they have said, the R/S is to increase the value of that 4.8 billion shares so they can buy the Australian Mario Brothers.
So why would they reduce the A/S when it's not valuable enough as it is?
The 4.8 bilion was, in part, to pay for that transaction. Accoding to what they have said, the R/S is to increase the value of that 4.8 billion shares so they can buy the Australian Mario Brothers.
So why would they reduce the A/S when it's not valuable enough as it is?
These are my opinions unless otherwise noted.
Proud member #2 of the "iHub 9". All CAPS will crush the whimpy girly man quotes!!!
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15992
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