InvestorsHub Logo
Followers 605
Posts 69362
Boards Moderated 1
Alias Born 01/09/2007

Re: Howardhaftel post# 29784

Tuesday, 10/12/2010 1:22:04 PM

Tuesday, October 12, 2010 1:22:04 PM

Post# of 97362
MM's can hope for shares to walk this down but the reality is there are none.

In discussing financing options, Mr. Nerison explained, "ActionView is well positioned financially so that we do not expect the need to raise any additional funds through the end of the year. We have been careful thus far in ensuring that dilution to our shareholders is kept at a minimum - something we as a Board are very proud of. Apart from the mandatory, timed conversion of our preferred stock, very few shares
have been issued and none have been added to the float
, thus avoiding the downward pressure of having multiple sellers out there with below-market stock."