Sunday, March 13, 2005 12:02:33 PM
Sure......They could give themselves another raise and pay it with stock.
However, the math is still a problem. In order to maintain control you cannot sell more than 50% of the 'value' of the company, without surrendering that control.
The value of the company is determined by multiplying the number of shares outstanding by the pps. As you print more shares the value of each one diminishes (dilution) The value of the company stays the same. No matter how many shares there are available for an $8 Million dollar company, $4 million and one dollars will buy control.
regards
frog
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