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Re: stluc post# 79480

Tuesday, 02/09/2010 3:50:28 PM

Tuesday, February 09, 2010 3:50:28 PM

Post# of 375420
I rounded current O/S to 750M to simplify. News said they have to issue 40% of O/S to secure funding (40% of 1.5B is 600M..again I used fully diluted number of 1.5B to simplify)

750M plus 600M is 1.35B

Was only trying to show this A/S increase is probably all going towards securing $350M funding and not to dilute and put cash in Deans pocket.

Thats how I see it.

You can argue the math but not the logic in my humble opinion.

IMHO BWTFDIK!