InvestorsHub Logo
Followers 5
Posts 2556
Boards Moderated 0
Alias Born 04/26/2007

Re: NoWhammyNoWhammy post# 42994

Monday, 06/27/2011 12:01:42 PM

Monday, June 27, 2011 12:01:42 PM

Post# of 98509
Mark has experience in building companies, but this is his first publicly traded company. My opinion is Mark made a rookie mistake of issuing way too many shares at one time. His thought process may have been to issue shares for the foreseeable future for anything that might arise. If the shares are mostly for the Chinese exchange or for a spin off company then the shares could be a good thing for current investors. If he intends to use them all for growth by dilution then the share price will have a hard time making gains!!