InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,709.54
(
0.01%
)
US TECH 100
19,320.04
(
0.36%
)
Dow Jones
42,196.52
(
0.09%
)
Brent Oil
74.46
(
-0.21%
)
Bitcoin
61,028.68
(
0.67%
)
Post# of 10176
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

bliz82

Send PM Follow Ignore
Followers 55
Posts 4079
Boards Moderated 3
Alias Born 03/12/2006

bliz82

Re: None

Wednesday, 04/07/2010 4:48:29 PM

Wednesday, April 07, 2010 4:48:29 PM

Post# of 10176
I suspect my FRHV will now turn out to be a lame brainer.

They paid down some notes payable by issuing over 50M in restricted shares at a severe discount to the current sp (.008) and another 7M in restricted shares for consulting services at .0096. Magically, the total share count is exactly 200M right at the A/S.

I would not recommend it anymore. It may still turn out to be a good deal down the road but I sold all my shares as soon as I found this out. The O/S has ballooned from 42M in Feb of 09 to 200M now.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up