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Friday, May 21, 2010 3:31:37 PM
as I had mentioned previously here, in over a decade I can only remember once when the existing investors weren't pretty much reduced to no interest in the new venture after a R/S as big as 1 for 1000.
the unfortunate part, is there was a great share structure here, and if they had respected that, it would have worked out better for everyone, themselves included.
and you are right, it absolutely impacts things going forward. you make a lot of existing shareholders very unhappy, and they remember it for a very long time.
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