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Re: PhilCheeze post# 40263

Friday, 03/18/2011 1:21:02 AM

Friday, March 18, 2011 1:21:02 AM

Post# of 76214
well raising the A/S brought him the potential additional funding that a R/S won't do... what if this increase in A/S then the O/S later cause the stock to not make past a penny or whatever minimum price that is required to list on OTC, would he then just say he "had no choice but to do an R/S to get uplisted.. and that in the long run it would work better for the company and shareholders"? (similar to his recent claim to have been mistaken for not listening to his advisors with the A/S issue) i've seen this line used in several other stocks before (AIG) ..hope to god nothing like this ever happens again