InvestorsHub Logo
Followers 0
Posts 57
Boards Moderated 0
Alias Born 07/19/2011

Re: Stock post# 218

Tuesday, 01/03/2012 7:02:17 PM

Tuesday, January 03, 2012 7:02:17 PM

Post# of 248

As a shareholder you always hate to see dilution, however 10% dilution is not that big a deal especially with the stock trading this cheaply. Revenues were up about 10% for the fiscal year. Owning a 10% smaller share of a company that's 10% bigger is pretty much a wash.

The transaction does show that insiders think that XPOI will avoid bankruptcy despite the auditor's going concern warning and the path to profitability taking longer than I had expected. Cummer would not be loaning his money to XPOI (even with a first lien) if it was likely to be headed into bankruptcy.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.