I think it would be important for you to comment concerning this post and post #3637. Both of them are quite strong and a seperation of the truth from the fluff would be great. Thanks!
deisel Share Saturday, December 24, 2011 3:20:19 PM Re: nodummy post# 3635 Post # of 3644
Thanks for your indepth DD. The fate of Compass is sealed. There is no upside from here. Just a few weeks ago, I was under the impression we were moving to the FTE with 30 million outstanding and would get a 1/1 conversion. They would then raise 10 MIL euro at .75/share.
Now there appears to be 150+ million shares outstanding. Even if they manage to execute their stratagy, it appears they will have to do a 5 for one rollback or one share for five on the FTE, or something along those lines.
I came across a former post of yours which I found very helpful. I recommend everyone read it.