Tuesday, July 19, 2011 1:13:31 PM
5b x 30% = 1.5b
5b - 1.5b = 3.5b
--->decent reduction but that's still an awful lot of raising cash room for a co with no revenues anytime soon imo
we thought Heatlthe Trim was coming in here, instead it's a start-up from scratch that needs cash,,,hence the dilution going on
check matt dwyer's bio... hes a wallstreet insider for a long time and knows how the game is played backwards and forwards,,,with a HT would have been an asset,,, for 247Media new start-up, its a liability that already been showing up last few pops at 002
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