Saturday, April 17, 2010 11:07:15 AM
Think about it. They just raised $19million dollars and Culley said they have enough funding for at least the rest of the year. But, for argumentive sake, let's say they do need cash. At the R/S price of $5, would you really be hurt if they sold 10million more shares in the market to raise $50 million dollars?!? lol...We have over 250million shares outstanding now!! If they sold 10 million shares at $5 to raise $50 million dollars, yes that would double the O/S, but to what, 20 million shares?!?
THINK ABOUT IT!! The numbers do not lie!! Obv my post is hypothetical, but, I'd think they'd be good for some time with $50million in the bank.
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM