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Thursday, September 01, 2011 7:41:17 PM
Just 191 bucks a piece from the reported 1308 shareholders would do the trick. Why not offer 144 stock at a deep discount to the shareholders in exchange for 250k?? Unless thats not the real hurdle.
Let's see, 20% discount to market is typical for Rule 144 stock. So for $250K there would be 89,285,714 GOSY shares to be sold or 16+% of GOSY for a gross raised of $250,000, before placement expenses.
If $250,000 was to be netted, all the numbers get worse and shareholder dilution even more severe.
So why wouldn't existing shareholders file a class action suit against GOSY's management for diluting them so severely?
Just askin'
WhisperingBomb
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