Saturday, June 05, 2010 11:38:20 AM
The pps is currently at ~.07, which is key here. (Although, I would share your concern if the pps was still in the .00 or .000 range though.)
So, at this time, if Charles Diamond needs let's say $500,000 cash right now to ramp up operations and expansion then most likely an investor would be seeking shares in exchange for his/her cash investment at a pps of .05 or .06 for their money.
So we'll use .05 in this example then.
$500,000 / .05 pps would give the investor 10 million shares.
An additional 10 million shares to our OS or float is nothing especially since both are so small anyway. Even if it were 20 million shares, at this pps is nothing especially with the new BP contract which will be funding MOPN for a long time, imo.
Dilution fears are unwarranted at this time especially now that serious contracts are coming in ... BP as a main source of revenue is huge here! The BP contract alone will provide MOPN with the back up they need for a regular loan from a bank.
The secret to profitable investing is to buy into well-run companies at the beginning of their earnings growth cycle—before Wall Street takes notice and bids up the stock price.
My opinions are my own. You have to decide and do what's best for you.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM