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Re: MadDog08 post# 14591

Wednesday, 06/22/2011 7:02:50 PM

Wednesday, June 22, 2011 7:02:50 PM

Post# of 52849
So like, if um, "about 95% percent of the debt reduced during 2010 was accomplished without issuance of stock," aka dilution, and the company did not have much in the form of revenues, and the interest rate was 12%, and the debt was much higher, then why would they, like um, have to dilute to cover debt now when much greater revenues are flowing, less debt exists, and the interest rate is only 6%? Talk about fuzzy math.





About 95% of the debt reduced during 2010 was accomplished without issuance of stock.