News Focus
News Focus
Followers 58
Posts 17811
Boards Moderated 0
Alias Born 02/03/2004

Re: BuckeyeMike post# 13876

Tuesday, 01/13/2009 11:01:41 AM

Tuesday, January 13, 2009 11:01:41 AM

Post# of 370771
-There is a clause to NOT dilute 6 MONTHS after the close.

There is also a clause that staes they can dilute up to 300% of the post merger shares to use for aquisitions. Lets hope they do that effectively, otherwise its just plain dilution.

VERY STRONG Indication they have their private financing lined up as they have said they do.

Why do they need the above statements (potential 300% share issue) if they have financing lined up?

Its probably because of statements like this that the SP is where it is. Linda has an exit strategy for sure, they have covered their butts even if things should go bad, and not in our favor.

"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DBMM News