InvestorsHub Logo
Followers 23
Posts 1654
Boards Moderated 1
Alias Born 02/13/2011

Re: johncon post# 33734

Wednesday, 05/02/2012 8:26:02 AM

Wednesday, May 02, 2012 8:26:02 AM

Post# of 160012
I was trying to figure out myself why a CEO who went from barely saying anything to updates every week.

It very well could be a deal comming up that he needed to issue shares for. So that does tell you one thing if this is the case. That big things are around the corner, and using the shares at a higher price will lead to less dilution.

I was in a play a month or so ago that had a string of PRs for weeks that brought the price from sub penny to .24 in short order. Soon as the fins where out people realized the extent of the dillution. There was plenty of shares being used to aquire others on the way up.

I trust steve would dilute for the right reasons if he needs to like expanding the business. And for that it would expand the revenue base. No need to worry. Steve adressed in the interview the need for the 2 bil A/S was because he would need to issue shares to continue to grow.