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Post# of 46589
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pro-trader

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pro-trader

Re: Trompi post# 37723

Monday, 08/16/2010 10:04:50 AM

Monday, August 16, 2010 10:04:50 AM

Post# of 46589
Diluted because need money
Agree 100% with you and that is why they go public
there is bad dilution and good dilution in the market
but why mislead us by this PR????


As the company and its investors had been concerned with the company's share price being grossly undervalued, the company sees this as a great opportunity to shore up the float with a commencement of a share buyback program. The plan is to reduce the company's Shares Outstanding and Float. This will be a major undertaking and expenditure by the company. The funds to finance the share buyback program will be financed by the liquefied sale of assets, meaning the sale of its TiDi Gaming division.

http://ih.advfn.com/p.php?pid=nmona&article=42172942&symbol=NO^RMDM
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