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Re: Whiplash_Investor post# 57984

Tuesday, 06/02/2009 11:44:10 PM

Tuesday, June 02, 2009 11:44:10 PM

Post# of 76394
The company is using the F/S instead of the planned dividend, was their reasoning. I think it was used to generate interest and volume in the company so they could dump some shares into the market. Now I also think that the money they make doing this will be going back into the company, and not the pockets of the people in charge. At least that is my hopes, but that is my honest opinion.
The capital they would raise would go a long way towards getting this company further along in there long term plans.
No proof, just what I think.
I am okay with that, I want the company to succeed, because I will be buying back in when the dust settles...