Thursday, May 12, 2005 7:58:14 PM
I believe Otto is trying to build a successful Internet Giant with his EZ2companies. I think he realizes the consequences of toxic financing/dilution. If Otto is to get EZTO listed on the NASDAQ (Which I believe he will) then he will have to be careful about dilution. So far he's been doing a good job.
Many other successful internet companies out there like EBAY, YHOO, and AMZN have Billions of shares Authorized. Check it out if you don't believe me! WWW.Knobias.com Just type in their symbols! They are all trading above $30 per share. We only have 500,000 million shares authorized and 120 million shares outstanding with a float of around 60+ million. So far we are in very good shape imo.
I hope all who are in this make money, and I am sure they will. What I would really like to see here are some true longs who will hold this from these levels up to where I believe it will go in about 2-3 years. Is there anybody here who thinks they can do it? Can you hold without selling into the next big run? I am holding regardless as I truly believe in Otto and his EZ2Companies. I'll either be kicking myself in the butt in a few years or I will be celebrating somewhere down in the Carribean!
Dave
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