Tuesday, April 06, 2010 2:49:58 PM
Hello everyone, I am about to leave for a few days on business and just wanted to address one recent question real quickly. Shareholders are seeing dilution of the stock and have asked me where it's coming from and why they should hold their shares.
As was previously disclosed, our debtors are allowing us to convert that debt to equity. I don't want to mislead anyone in any way so I'll repeat it once more; There's a lot of dilution taking place in MDIN. However, in my opinion the dilution taking place is GOOD for us! There were so few shares changing hands in the beginning that there was no sustainable volume and that is not good for anyone. You have to remember we are a pink sheet. The best offer does not have to be hit. Can the dilution cause loss of value in the stock and a dropping of the price per share? Sure, but only if everyone sells. We have a huge shareholder base compared to other penny stocks and technically I see nothing wrong with the current dilution as long as the sharholders don't all start selling at the same time. Is it risky? Yep. But I believe in myself and my team, and our business model is a rock solid money maker.
I cannot tell anyone whether they should buy, sell or hold. But what I can say is this: If you buy or hold, it should be because you believe in me and my team. Nothing more.
Thank you
Raymond Barton
IT'S MY PARTY & I'LL CRY IF I WAN'T TOO. CRY IF I WAN'T TOO.
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