News Focus
News Focus
Followers 2
Posts 524
Boards Moderated 0
Alias Born 05/23/2007

Re: lightbeam post# 4580

Friday, 05/28/2010 11:50:19 AM

Friday, May 28, 2010 11:50:19 AM

Post# of 8215
"not much dilution"

If you are serious you might want to get you nose out of the company trough and do some real DD. $32 million in shareholder dollars has passed through the hands of the same people that are making those claims. I expect you are a momentum player that doesn`t look any further than the technicals, but if you are really interested in the dilution story it won`t take long to find that most of that #32M came in the form of highly discounted placement shares. Some at or near 50% of market value at the time. Last time I looked they were in need of more placement $$$. Product revenues remain at ZERO 8 years after the announcement of Plastenna/Electriplast.


Thin

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today