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Re: Booger Red post# 51936

Friday, 02/11/2011 11:50:51 PM

Friday, February 11, 2011 11:50:51 PM

Post# of 105534
I agree that the RS will be good if we uplist. Though, I would like to have a clear understanding of the intentions of the increase AS is for and how used. My only fear is that we get diluted and diluted until our share value is essentially nothing. For instance, if there was some type of guarantee that the shares wouldnt be sold under a certain strike price, such as $1.50, securing the investors invesment to a certain extent.

Granted, that will not happen at least IMO, but would love to see something like that. With that being said, I believe in my gut that its the right thing to do and hope that Matt does not screw the investors. And I realize he and others have shares too, but they often get options, etc which would make up for their share reduction.
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