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Re: None

Saturday, 04/17/2010 11:07:15 AM

Saturday, April 17, 2010 11:07:15 AM

Post# of 15766
EVERYONE WORRYING ABOUT DILUTION AFTER R/S

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.