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Re: sanosurfer post# 128

Wednesday, 04/14/2010 11:46:04 AM

Wednesday, April 14, 2010 11:46:04 AM

Post# of 1435
I still see it all as bullish. More cash in the bank. I consider the fact that they could raise the cash, swap stock for their own debt (400,000.00 for stock), add to the product pipeline with a merger takeover all very bullish for what was a near death experience 13 months ago.

I have seen great companies dilute to raise cash selling shares at 90 to 75%% off of retail prices in the last year, and thus crush the retail price when the announcement came out. MHAN actually held the line and actually got a significant addition to its product pipeline, in exchange for shares, and a >1000% increase in cash needed to continue operations, with stock sold/swaped for about .08 (?) share to raise that cash and add to the pipeline!

Still long and bullish here.
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