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Re: energy_wave post# 1107

Tuesday, 09/27/2011 9:25:21 AM

Tuesday, September 27, 2011 9:25:21 AM

Post# of 1832
The same way he financed the old Shelron and activeshopper. Via share dilution and ultimatley a reverse split. I understand he is trying to get this thing back up and going in a new direction but putting up a website, signing MOU's which are non-binding, and attending a conference are not reasons to get overly excited. He has to get financing which will mean the issuance of warrants which can be converted to preferred or common shares. He has 250 million shares he authorized for himself. He pays himself a consulting fee and a yearly salary and the only way to pay for this is to sell shares. Anyway, I sound way to negative and truly hope that I can get back some of my losses. I guess for those who are entering at this point the risk is worth the possible reward but EY has just not produced. IMO, GLTA HC550
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