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Re: d33c4f post# 4688

Thursday, 08/11/2005 12:53:32 AM

Thursday, August 11, 2005 12:53:32 AM

Post# of 44374
I agree with what you wrote however I couldn't get shares at 5cents like they could have unless you got in a year ago or so. I dislike idea of issuing shares like toilet paper and awarding yourself shares at 5 cents at any point and then selling them at high price with triple the shares you originally had due to preffered to common conversion AT THE SHAREHOLDERS EXPENSE.

What I was talking about was AS increase and then executives will AGAIN get shares at 5 or 1 cent price. That's a sh1ty deal to all shareholders not that you get those shares but then they dump it into float and dilution occurs at my expense therefore causing me loses.

Like I said I would not have a problem with that if management would increase the value of our investments but so far this stock has been shorted to the ground and GTE institutional holder have been dumping 2+ million shares onto the float.
Also I do believe this company over time will succeed I just don't like the way they are issuing shares like toilet paper.
Some or most you may not agree but that is how I see it.


And as Jack always says: "You can't handle the truth! Son"

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