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Dude ORama

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Dude ORama

Re: edi post# 2259

Tuesday, 01/05/2010 9:04:02 PM

Tuesday, January 05, 2010 9:04:02 PM

Post# of 2559
Melissa and stock

RE: "she borrowed THE company her money so she has faith."

You should the check the filings. Last time I looked, she had awarded herself millions worth of free shares, so she is adding to the dilution and greatly increasing the odds of failure.

This is sometimes called "toxic financing" or "death spiral financing." Neither are good.
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