Thursday, December 16, 2010 7:53:10 PM
They cannot authorize more shares without a shareholder vote. Although Dean holds 60 million, he can't necessarily ensure that vote.
You are entitled to your opinions, but not your facts.
If you want to know why the price is holding at .15, you need not look any further than Wharton Financials. They are very, very happy to get shares at this price rather than the .22 they negotiated earlier.
They haven't sold any shares yet. You wonder how I know that? It's not that difficult to figure out if you know what you're doing.
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