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moorewdaniel

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moorewdaniel

Re: sageofflorida post# 92910

Saturday, 05/28/2011 11:35:37 AM

Saturday, May 28, 2011 11:35:37 AM

Post# of 103302
Hi sage. I understand what youre saying. I just want LLEG to be careful with dilution. It would suck to own 1% of the company, then find out a couple years later that there has been a 25% dilution.

In the example of comstock mining. Their debt conversion ultimately results in 87mil shares available. People were REALLY hoping for that number to be closer to 60mil. A lot of potential gains were lost for me. The people who provided the credit card to the company got most of the benefit, while the smaller guys (you and me) will get less gains.
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