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Re: MorningLightMountain post# 21249

Thursday, 06/18/2009 1:02:03 AM

Thursday, June 18, 2009 1:02:03 AM

Post# of 30354
Well MLM I am not liking the way the picture appears to look for these shares. If 3 million shares of FFI is 10% of the current amount than the total would be 30 million. 350K divided by 3 million shares is .116 or 11.6 cents per share and why I called the Mystery Investor MI.116. LOL So IMO we would probably get like 1 FFI for 3 or 4 NSOL shares or something like that which would be fine if there were never any more shares authorized over the 30 million. But as we know there is a ceiling of a 100 million so guess what that means ding$ ding$ a 70 million share checkbook for the company to start writing and diluting us to death when FFI spins off. Now to add insult to injury the 15 June PR had this nice tidbit in it “Such a shareholder meeting will also provide an opportunity to decide other pertinent matters, such as amending Nuclear Solutions, Inc.'s articles of incorporation to increase the authorized number of shares” so I take that as they want another 100 mil added to the NSOL ceiling which translates to ding$ ding$ another 100 million share checkbook for the company.

Lets take inventory on who is getting what so far.

-FFI gets a nice fat share checkbook when/if the spin off happens
-NSOL gets a nice fat share checkbook when/if additional authorization is approved.
-Hope to buy some land sometime for the start of construction of the 400 million dollar plant in a few weeks.
-Breaking ground and starting construction in July even though none of the preparation appears to have been done. Likely the golden garden shovel scenario if you ask me.
-On first check nothing to be found anywhere on the net about these new investors who will be getting 10% and likely 20% of FFI. Will search deeper on this though it will likely be worth the effort.

Mostly just my opinions and speculations above. Not sure about you but I am still waiting for the good news we keep hearing will come because I have not heard it yet and in fact the way this appears to be unfolding is looking worse each time I look at it.

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