InvestorsHub Logo
Followers 123
Posts 7820
Boards Moderated 0
Alias Born 08/27/2000

Re: Madhatter post# 7205

Monday, 04/02/2001 9:08:22 AM

Monday, April 02, 2001 9:08:22 AM

Post# of 15369
MH,

I understand your hostility and concern, but let me ask you this. How do you expect large scale production to commence with out money? I for one am ok with this dilution/funding. If they were to go to outside sources, I am sure they would be issuing much more than 1-2 million shares. Also, the fact that management (new to the company) is willing to put their own neck on the line for SEVU tells me a aweful lot about their respect for this company.

How much would you pay for stock in a BB company trading below $2 if it were restricted for a year. And would you put $1.5 million in the venture, I bet not.

Venture capitalist would want much more than $1 per share for the risk factor.

As far as the new management, so far all I have seen from the team is improvement. Better PRs, move the offices, sports authority, smarthome, etc, etc.

Just a few thoughts.

JMHO






I'm getting thirsty dammit!

Oh yea, everthing is my opinion only. Please make your own decisions and consult your own financial advisors for both investment and income tax issues.