Friday, July 23, 2010 9:18:04 AM
I just read some good reads on another site about this and the way it seems to me this might be a great thing. They had posted that with a increase of shares they might infact buy out another company or use the amount of shares to just protect MCET. In a normal situation I would be a little scared but in this one I am all for it. This could be a great trading tool for a buy out of another company and increase the value of MCET. MCET has been in business for a very long time and they are professionals not only in business but in research and that is why I am here. Smart,Smart people
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Re: Whadda think ? 12 minutes ago Hey Mike,
Some will look at this as dilution of the stock and so forth. I on the other hand think this is great news for MCET. Dr. Chang is well respected in his field and was heavly involved when MCET was at it's most recent growth point. Also, the fact that La Jolla is investing in MCET still is a sign that they see a considerable amount of potential down the road with this company. They have been funding companies for awhile and I don't see them investing millions for a loss. In order for MCET to grow they will need to expand the amount of stocks they are holding to raise their bottom line. The other news in the letter about way's they will generate positive cash flow is also a positive sign. Glad to be sitting with the amount of shares at this time think this is a move in the right direction. Thanks to all who sold me shares at such low prices over the past month :)
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