InvestorsHub Logo
Followers 12
Posts 1166
Boards Moderated 0
Alias Born 04/05/2011

Re: None

Wednesday, 05/02/2012 8:22:40 AM

Wednesday, May 02, 2012 8:22:40 AM

Post# of 80403
As I stated before, the higher the share price goes the less we have to worry about dilution for financing. My guess is around 200 million shares or less will be issued to ironridge by the end of the deal. That is not bad for 2.5 million dollars. Once we start making money, they could always buy some shares back to bring the share count down. Right now we need to finance and grow. Should be a good year. If things look good after q1, I will be adding to my sizable position in the 1-2 cent range. good luck.
Join InvestorsHub

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.