Monday, August 27, 2012 8:21:23 AM
Wake up Trolls, share dilution is irrelevant when a company has no earnings, and all assets are pledged to the lender $14 million in our case, which meant the stock was technically worthless the past few years and yet it traded from .01 to .12 on speculation of improving fundamental including the debt reduction program.
The only thing that matter for the company is that they generate revenue and become profitable while getting back ownership of their assets by continuing with the debt reduction program. If they have to issue more shares at these low levels so be it, the smart investors will be snapping them up while the idiots that bought in 2 years ago will be bitching like usual.
The $14 million in debt is a load of value that shareholder are gaining with the debt conversion and the so called dilution, it is what it is. The company can just as easily implement a buy back program once the cash starts rolling in.
Improving business with growing revenue and positive cash flow are all that matter here, so get over it you morons.
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