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Re: Jackroch post# 6922

Friday, 03/09/2012 3:04:10 PM

Friday, March 09, 2012 3:04:10 PM

Post# of 20680
Ok, so the float increases dropping value 60% as I previously posted, we finally agree, float increase equals dilution. Second, once the debt is gone, how will TEVE continue to finance the operation of the company, by increasing authorized shares to 600,000,000 pre split or 3 million post split, IF the board decides to conduct the split. If not they'll have 478 million shares to utilize without shareholder approval. A company cannot continue to rely on investors if investors cannot buy the shares, therefore this 9 percent float is only temporary. I'd expect another stock offering to the public to raise funds.
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