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Monday, March 05, 2012 4:59:21 PM
500 million A/S is NOT a lot for a pinksheet stock. There is no need to worry, unless the company files to raise the A/S.
If they sold 25 Million shares at .01 that would be $250,000... We reached .0147 so the company could of made up to $367,500 on 25 million shares... plus the additional 20 million at low 4's and the swings that were occuring a couple weeks ago... going from 7's and 8's to 9's and .011 range.
Yes, dilution isn't good, but if the company is doing it for debt reduction or to reinvest in the company-- and not their own wallets-- then we just need to let the company do it's thing and stop crying everytime we see dilution. Usually, stocks tank to trips when there has been 45 million diluted. We've held strong.
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