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davidam

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davidam

Re: sl62 post# 20206

Saturday, 02/13/2010 5:54:00 PM

Saturday, February 13, 2010 5:54:00 PM

Post# of 55140
yeah that's all fine but in less than a year 2b shares are now issued and outstanding that's serious dilution especially considering their numbers so far!!

The convertible note comes down to a price of just about 0.0007 a share. 350m shares issued for 250K dollars
You can bet they will do equity financing again it states they will clearly. Will it be at 0.0007 again then how many shares will this have?
Your happy with this then hit that ask!!

Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!

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