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Re: doogdilinger post# 167746

Saturday, 06/04/2011 3:26:48 PM

Saturday, June 04, 2011 3:26:48 PM

Post# of 241044
Either you or I misunderstood the pretense of Ants post. IMO he wasn't referring to Eric selling his personal shares for working capital on a monthly basis. It's obvious to everyone that dilution is taking place to generate capital for business operations, and the need will exist until sales can overcome the monthly overhead expenses. That could come quickly with the addition of a large reatailer or two, or it could languish in these areas as slow growth continues.

I felt he was refering to the fact Eric had an opportunity to increase his personal finances substantially even in accordance with rule 144 volume limitations. Even selling the allowable amount below the highs, he could have pocketed around 600k on those two runs alone. That's not necessairly chump change when his average annual salary has been around 64k over the past 6 years. I, as well as others believe he and other insiders are holding for much greater gains in the future as the company becomes successful.