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Thursday, September 15, 2011 3:32:23 PM
I enjoy your posts from time to time so I am going to answer you and then I'm going back to work and we'll just have to see what happens.
Lytle is now justifying this last sale of equity by "touting" the increase in new Institutional buyers (26%). So, if in the past he has told you something else, he is singing a different tune now.
What they really want (no matter what Machiavellian scenario one subscribes to) is a run up in stock price to $5-$10 a share (only 1-2 pre split) and then knock out 10-20mm shares and lets get on with the job. Financially speaking--- the price of the stock is A KEY FUNDAMENTAL.
Ergo , they need to do everything possible to stimulate that kind of a run and IMO they have the ammunition to do it. The sooner the better.
Regards,
RRdog
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