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Re: j45 post# 16224

Thursday, 09/01/2011 7:41:17 PM

Thursday, September 01, 2011 7:41:17 PM

Post# of 56720
Great theory!

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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