InvestorsHub Logo
Followers 25
Posts 2553
Boards Moderated 0
Alias Born 08/10/2009

Re: miltonjayro post# 11147

Monday, 08/30/2010 9:58:51 AM

Monday, August 30, 2010 9:58:51 AM

Post# of 21815
Yes, I would agree with you if they weren't planning on increasing Authorized Shares to 5 Billion from the current 1 Billion at the end of this quarter. They said they need to dilute in order to pay for the loans that they are going to need to default on if they can't continue to dilute the shareholders' common stock.