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Wednesday, December 29, 2010 10:09:57 PM
We have the claims a JV provides the equipment for a cut of the take.
If we have to supply the money why would we consider a JV in the first place?
The share count will explode if a million dollars is raised through Placements.
Most Private Placements in the Pinks are usually issued at a discount as anyone trading these stocks should already know.
If its just not a million shares here and a million shares there we could see some sizable dilution.
A Million bucks in Dilution would decimate shareholder value once again.
It would be interesting to see how Posters here would justify it though.
eye
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