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PRmaniac

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PRmaniac

Re: None

Thursday, 01/20/2011 9:39:25 AM

Thursday, January 20, 2011 9:39:25 AM

Post# of 41474
Discrepancy between Jan 5th PR and the Jan 10th PR by Pagnano.

Which is correct?

In Jan 5th PR. Pagnano states “All financing going forward, will be based on purchase orders and will have no impact on the share value or require any further dilution.”

In Jan 10th PR. Pagnano states “As stated last week, all future financing will come via private equity and/or purchase order financing. ......

Looks like they decided to not include the "dilution" statement in the Jan. 10th PR, plus added "equity" financing projection, which is obviously potentially-dilutive.
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