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Pennystocktrader

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Pennystocktrader

Re: None

Friday, 09/14/2012 9:02:10 AM

Friday, September 14, 2012 9:02:10 AM

Post# of 72244
Folks, Frank needs 51% to keep his disabled veteran business status. This cannot happen under the current share structure. So, EEDG is doing, in my opinion, the only thing they can to make this merger happen.

Increasing the a/s does NOT mean the company plans to dilute or is going to dilute. Remember, Frank has to keep/hold the shares that he will likely be given to keep his 51% stake and his disabled veteran business status. So, that means Frank cannot nor will he sell his shares which means...

NO DILUTION!!!
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