InvestorsHub Logo
Followers 155
Posts 5936
Boards Moderated 0
Alias Born 06/16/2004

Re: None

Wednesday, 04/04/2012 12:47:24 PM

Wednesday, April 04, 2012 12:47:24 PM

Post# of 59400
Authorized 1/4 of a BILLION more shares ,

The company released this only two days ago:

"Our Articles of Incorporation were amended to increase the authorized number of shares of capital stock to 250,000,000. This amount is designed to meet the needs of the Company for business and/or financing purposes in the future."

They will HAVE to issue at least some of these to survive imo.
There is no way imo that they will have all blockbuster releases.
The best companies do not even do that. One bit of bad, or marginal news is all it will take to crush this stock even further than it has already been crushed imo. DILUTION KILLS STOCKS imo.

This post is protected speech under the First Amendment and immunity is provided by the Communications Decency Act.