Wednesday, December 28, 2011 12:46:45 PM
So, yeah, essentially I take it they are using those funds maybe for more shipments, getting into more retail outlets that can compete against the larger players, ect ect. Who knows. Of course, if I would have heard the CEOs gave up a portion of the shares issued to them personally in order to raise this cash, I'd be buying right now. I am currently holding til cc and if I don't hear anything specific about what this money went to, I'm selling out.
Jeff did say he was excited for the cc and the next year and certainly didn't sound like a guy trying to dodge shareholders. I stick with my initial thought...why would they issue shares before the cc?? Because there is something worth paying for that they are announcing. (only speculation)
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