Thursday, August 25, 2011 3:32:05 PM
What's this news that we're expecting? I heard about the increase of the AS from 500M to 2.5B, but is there something else we're expecting?
Also, there is no need to worry about the increase. IMO, I believe they are just taking steps to either create new shares for new investors in the futre, especially if we uplist the demand for shares will be great and a 500K AS will never meet those demands on a higher exchange. Another reason is, as someone else had said earlier, they might want to create more shares as a dividend to current investors. 500K shares in any market will not take a company far, and any company with expansion/growth plans needs to pursue an increase in AS if they have those kind of aspirations.
By the way, anyone who is characterizing risk on as a "pumper," obviously doesn't know what the meaning of a pumper is. I find it hard to understand how its acceptable for a naysayer to post, but when a long investor defends their position with facts, they are cast with stones and called a "pumper." If risk on is a pumper, then anyone making that accusation is an idiot. How about them apples?
MMTC = More Money to Count
Also, there is no need to worry about the increase. IMO, I believe they are just taking steps to either create new shares for new investors in the futre, especially if we uplist the demand for shares will be great and a 500K AS will never meet those demands on a higher exchange. Another reason is, as someone else had said earlier, they might want to create more shares as a dividend to current investors. 500K shares in any market will not take a company far, and any company with expansion/growth plans needs to pursue an increase in AS if they have those kind of aspirations.
By the way, anyone who is characterizing risk on as a "pumper," obviously doesn't know what the meaning of a pumper is. I find it hard to understand how its acceptable for a naysayer to post, but when a long investor defends their position with facts, they are cast with stones and called a "pumper." If risk on is a pumper, then anyone making that accusation is an idiot. How about them apples?
MMTC = More Money to Count
Recent MMTC News
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