Ya know what…..this S1 isn’t any different than any other S1’s. This has been SOP for years….so, no one should be freakin’ out. Dilution has been going on, in one form of another since the beginning…..and not just with this company, but pretty much every penny stock out there. It’s the way they raise money to run and build a company. At some point the general idea is to use this type of financing until such time as the company is able to generate enough revenue to stand on its own. Some make it…some don’t.
I believe Matt when he said that any one of the three acquisitions would make us profitable. The problem was, and is the Chill……if we can ever get out from under this rock, then I expect things to improve….. No restrictions on trading the stock….and the possibility of better financing. Currently, the only financing available to us seems to be from the Booty-hole Bandits (read as JMJ, Tangiers, etc.) their only mission if life is to screw the penny stock CEO’s. I, for one, will be ecstatic when we become profitable and can attract better financing. Will it happen? IDK… Is this a risky investment? Read the S1….. in fact read any S1 from any penny stock company, they all contain the same stuff.
So, looking back over the past 3 years or so, it looks like there has been plenty of dilution. And, more importantly, there have also been some nice runs during those periods. Chit Happens…..sometimes they run for no reason. This stock has been in the ditch long enough….it’s over due for a run.
Get rid of the Chill and the future will suddenly become brighter.
All IMHO
AI
