![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, April 07, 2009 7:57:42 PM
Remain calm people.
1) We knew dilution has happened in past (it had to to continue on the business plan and pay for all the things the business needs)
2) We know dilution will continue in the future (likely on smaller scale as revenue increases and gets to growth/self-sustaining phase).
NOW about this filing.
Accredited or "big money players", high net worth people $1 mil+, make $250,000 annually, will typically buy a block of shares from the company handled through an agent thru these (exempt security filings).
So a broker can solicit from his clientele, interested parties, who can buy the shares at a determined price (and not impact the existing market).
So if they wanted to invest $50,000 in the company; they would seek to buy 10 Million shares through a offering like the one filed at say .005 (a trading average or at say 15% discount to prior closing price). If they attempted to buy such shares through the "normal" market, they would likely pay much more because they couldn't buy all at once (in one day); but would likely need to over weeks if not months, which could be costly to them as well as miss a run (share appreciation if positive events happen).
----------
It looks to me like an extension beyond one year to allow accredited investors interesting in buying "large block of shares" directly an opportunity. One could have inquired through JP Carey before hand; but this filing is now public knowledge as to how much remains and is available IMO.
Interesting to me this is the first SEC filing, looks like it confused a lot of people.
It's not anything new or different, more or less a "disclosure". So instead of starting a new $1 million exemption come May 13, 2009; they have extended the old one beyond one year if necessary. They could obviously start a new one soon after if they felt a need to and where withing the appropriate guidelines/rules.
That's my initial pass when looking at the filing.
I feel it is more a notice to accredited investors that, hey, if you want in, there are shares available through this program and you don't need to utilize the general market to acquire them.
Kona Gold Beverages, Inc. Nears Completion of Reverse Merger with New Candidate • KGKG • Aug 12, 2024 10:00 AM
Maybacks Global Entertainment and DigiTrax Entertainment Sign Agreement to Broadcast "Karaoke Cloud" on iDreamCTV • AHRO • Aug 12, 2024 8:45 AM
HealthLynked Partners with RxSpark to Enhance Medication Access and Management for Patients • HLYK • Aug 12, 2024 8:00 AM
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM