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Re: trueblue post# 37567

Sunday, 05/29/2011 8:18:08 AM

Sunday, May 29, 2011 8:18:08 AM

Post# of 49068
Problem - dilution is like death spiral toxic financing. The lower the PPS goes, the more shares the company needs to issue (at a steep discount) to get the same $100 in cash to stay afloat a little longer.

That is probably why the co said "no concern for dilution". They wanted to keep shareholders in the dark as long as they could, amid their massive share dumping scheme. When a long doing DD revealed the company was doing massive dilution, the company came out to try to do damage control by doing a paid promoter "interview".
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