Friday, February 04, 2011 11:55:43 AM
The share structure says it all - 5 billion AS and OS of 4.58 billion. They only have a cushion of approx 400m shares. Don't forget - this is still a startup and the company is going to need to pay the bills somehow. Right now, the only means they have is through the issuing of shares and increasing the OS.
For any new investors out there, as confident as you feel with this stock (or any pinksheet investment for that matter), I strongly suggest that you only invest $ you can afford to lose (if something goes wrong, as it very possibily can regardless of the story) so you are not strapped for cash if this investment goes south in a hurry.
Also, it's my opinion that you should resist the urge to go "All in". Diversification is one of the most important elements of investing. Again, if something goes seriously wrong with the company, you don't lose all of your investment capital by having it all tied up in one stock going south in a hurry.
Just my 2 cents to hopefully help out the newbies. Take it for what it's worth. Best wishes to all.
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