InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
85.87
(
-0.74%
)
Bitcoin
55,247.33
(
-1.07%
)
Post# of 163719
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

EagleCheck

Send PM Follow Ignore
Followers 7
Posts 471
Boards Moderated 0
Alias Born 12/17/2011

EagleCheck

Re: The Swede post# 8347

Wednesday, 01/04/2012 1:38:00 PM

Wednesday, January 04, 2012 1:38:00 PM

Post# of 163719
Question:
3. Why was the payment done by issuing shares instead of paying in cash?

Answer:
We emphasize that the transaction with Ironridge currently does not involve an issuance of any new number of shares of common stock to the marketplace.
Rather, we believe that there was a zero-sum and little-to-no dilutive effect with an equal number of shares in treasury retired in exchange for shares distributed
to Ironridge.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up