InvestorsHub Logo
Followers 32
Posts 3544
Boards Moderated 0
Alias Born 07/02/2004

Re: lowman post# 33491

Thursday, 08/05/2010 11:18:37 PM

Thursday, August 05, 2010 11:18:37 PM

Post# of 35633
Somehow I doubt they'll add 20 million shares if/when they dilute the commons. I'd be thinking more like an A/S of 250 million to accommodate future needs.

There's still too many shares in unknown hands here- with DR we knew where a lot of shares were and what the plans were for those shares. Now? who knows who inherited his shares.

Given the company's precarious financial position and its lack of revenue/income production over the past decade, an heir could sell a pile and still be sitting pretty for any future PPS appreciation.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.