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Re: highonstock post# 507

Thursday, 11/11/2010 5:54:18 AM

Thursday, November 11, 2010 5:54:18 AM

Post# of 18329
400,000$ debt has been paid. So that means no more dilution.

This is a post of Ihub member with name (highonstock) from august 23 2010.

highonstock

Monday, August 23, 2010 3:03:51 PM
Re: None Post # 507 of 3776

"The only thing that worries me are the potential 13.9M share conversion and the $400K owed by November 2010. I will say though that 9.6M shares have traded since july 1st, which doesnt include todays volume and doenst mean anything just something to think about. Hopefully with their prepaid expenses being what they are ($489K), somehow they could pay off this $400K before November without diluting much more. I'm not sure if that is possible but if i had the cash and cared about shareholders i would do everything in my power to bring back value to the people with financial interest in the company. Any how, all in my opinion. Lets hope they can bring on the additional 23 agents and continue to drive business. 70% increase in revenue is definitely great news. Costs are killing us! "



If this is the case,we should not be over 100 mil in O/S shares. I think public bought proly around 20 mil shares since the dilution and the rest got the Market Makers. I remember a single transaction of 11 mil shares with no price movement. It makes sense that MM are gobbling up the shares before the run up.
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