MedClean Technologies, Inc.(fka MCLN)

[pennytradex]

Dilution, Again, The Slow Bleed!

Dilution. It is a slow bleed on the share holders. What a pain it is for the company to continually dump shares into the share base and dilute our SP into oblivian. I can hardly beleive the following comment from Scott Girisati. They Didn't Even Discuss The Share Price and the Dilution. Shows me how concerned they are about it!!!

Scott Grisanti, Chairman of the Board MCLN was asked about investors' concerns that the company might dilute common shares and thus dilute the value of the company.

"That’s not something that has been discussed," explained Grisanti. "What I can say is that as we continue to seek working capital for the company that equity is one of the two main ways, as you know, to drive working capital proceeds to a company, outside of sales of course, and that would acquire more access to authorized shares. Outside of that we have not had any discussions.