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Re: mide post# 136712

Saturday, 05/05/2012 2:27:14 PM

Saturday, May 05, 2012 2:27:14 PM

Post# of 157299
$0.075 is better than $0.04 to lower the dilution to shareholders. Did LJ actually agree to this? It seems the terms changed from the previous filing.

One would think if LJ is willing to invest at $0.075, the market might see that as a more accurate current valuation, or possibly even undervalued at that price. Maybe the large volume on Friday is an indication there will be some adjustment to the market's perception of valuation in the days ahead.

I hope this truly is bridge financing as someone suggested, and other sources of revenue will soon replace the need for this funding and stop the continued dilution.
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