InvestorsHub Logo
Followers 107
Posts 9681
Boards Moderated 0
Alias Born 12/12/2009

Re: Helter Skelter post# 3406

Monday, 08/23/2010 4:12:40 PM

Monday, August 23, 2010 4:12:40 PM

Post# of 8841
The only reason the A/S is so high is because the company had to pay off debt. From what I was told, the company is now debt free and they want to stay that way. In the pass they had debt converted and thats why they had to increase the A/S. The company was growing slowly and from what I was told pressure from share holders convinced the CEO to try financing from a hedge fun. We all know what hedge funds do to small companies. If this all sounds crazy I will explain later. I need a nap, I did not sleep since Friday, I will respond later.