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Re: Startups post# 16

Thursday, 05/17/2012 2:17:32 PM

Thursday, May 17, 2012 2:17:32 PM

Post# of 7938
Well there's only 15 million shares outstanding, 200 million shares authorized. Lots of room for dilution here. It dropped from something like 77 cents a share to 28 cents a share in a matter of a few weeks. It's going to keeping going down for a while, I would think. I'm going to wait for sub-pennies, if anything. I'm still trying to get my money out of the last company that Birthday Slam had an LOI with and bailed at the last minute.