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Re: moorewdaniel post# 92903

Saturday, 05/28/2011 9:03:56 AM

Saturday, May 28, 2011 9:03:56 AM

Post# of 103308
The only way a restricted stock sale would not eventually dilute the common shareholders would be if the shares in the transaction had already been authorized and issued.

Until uplisting occurs, no one knows how much issued common stock insiders hold, and that includes the company itself. If the company has held previously issued common stock, LLEG could use it's holdings for an all stock transaction without diluting the common shareholders (while putting a sales restriction on the shares).

I am not saying this is what LLEG has done, but it is common way to make aquisitions or raise cash with stock, without diluting shareholders.

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