InvestorsHub Logo
Followers 4
Posts 126
Boards Moderated 0
Alias Born 11/25/2010

Re: shell3 post# 20646

Wednesday, 12/29/2010 8:56:43 AM

Wednesday, December 29, 2010 8:56:43 AM

Post# of 23523
The number of shares is 271 Million

At these levels it doesn't make sense to dilute. If the CEO wanted to raise $1 Million he would have release nearly 2 Billion shares and cause the price to tank because most of the money raised would be at a low level .0002 and below. It would make more sense to cause a short squeeze to cause a rise is the price and dilute from a higher level. If the stock was at 2 cents then the dilution needed would be about 75 million shares or a dilution of 27% compared to a dilution of 750% at these price levels.


Will there be dilution , yes. In the future nor now
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.