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Re: steve060688 post# 117771

Tuesday, 10/26/2010 2:18:31 PM

Tuesday, October 26, 2010 2:18:31 PM

Post# of 213104
I take that back. He did do a 504 offering last year and they did raise some capital. But that was a very concervative amount. Just imagine what other ceos would have done in his shoes. They would have dumped 10 times the amount - easy. Paul sold enough shares with the 504 to get things rolling last year. I do not consider that a big deal. But you are correct it was dillution. I am just saying he has been conservative.