Soko Fitness & Spa (fka SOKF)

[osubuck30]

I have seen that sometimes these explode upward after these events. No warrants were issued which I like. Plus: "As a result of the financing, SOKO now expects to open more facilities in calendar 2010 than its previous guidance of 7 to 9 new facilities planned for the calendar year."

Will this almost 20% dilution benefit them with even higher growth?

I think it will help them a lot since now they have over $14 million in cash but I think they could of gotten a better deal if they would have waited a few months but maybe they plan to acquire something shortly.

This is the only thing I hate about these China companies. I mean a almost 30% discount??? They show time and time again they don't care about the common shareholder. The institutions are very happy as they have little to no risk being in at $3.20 a share.