rruff, CD dilution is not continuing? Then why did the OS go up 4 million shares from May 10Q to August 10Q and up between every filing prior?? Can you provide facts that dilution will not continue?? This company has painted a rosy production picture for years, they would now be listed on the NYSE if any of their BS ever materialized. I think you are trying to mislead investors.
"2) Dilution, convertible debt, etc. I do not like these and nobody should if they are in a company's future. However, the fact that they are in a filing means that the dilution has already happened. Fully diluted o/s have been affected. A good time to buy is AFTER this semi toxic financing has occurred. Assuming that the business plan is viable and that production will occur as PR'd, then the numbers support the diluted o/s and the share price should increase."
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
