Tuesday, April 20, 2010 10:47:11 PM
Companies go PUBLIC for the SOLE purpose or raising $$$$ via equity. The fact that they NEED $$$$ is not the focus of smart money, its how the $$$ is spent and what it accomplishes that matters... i can tell by your comments that you're a savvy trader
Those that went into this investment thinking there would be no dilution have a lot to learn about the penny market. Expect dilution with ALL of them.
I see them doing food shows, landing mass chains, creating marketing materials, etc... This takes $$$$... If they DONT raise $$$ and strengthen their brand, this is a worthless investment regardless...
Instead of worrying about it, lets figure out what its being spent on and how they are positioning in the marketplace. Then we will have a better clue as to when to position for the growth stage, or sell and come back later.
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