Followers | 312 |
Posts | 52002 |
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Alias Born | 08/19/2009 |
Saturday, September 19, 2009 10:23:42 AM
"1. The co don´t need extra money from selling shares"
- They sold $2M shares just last Tuesday. Clearly your statement is untrue.
"2. The co dont need to raise A/S or O/S"
- There can be no assurance of that. With 982M out of 1B authorized, and the company still selling... I wouldn't bet on it!
"3. When the co see that the price is cheap , is better than the co buy shares at market to sell that we can see in financial information as extraordinay results."
- I don't understand your point?
"4. The co is operating with Line of credit with Prime banks to Large Scale Production for all 2009 / 2010."
-They have no line of credit. They have $1M in invoice factoring. That is NOT credit. They sell their invoices as an asset at a discount prior to them being paid. They lose an additional several percentage points of margin on every order.
"5. The co dont need to do a R/S (this is only for losers co)."
- No it isn't for losers. When you have a billion shares trading at a penny, it actually makes sense! Why would you think that not doing a reverse split is some type of advantage?
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