well said although ive personally never seen a company accept payment in stock with the price per share being HIGHER than the going market price.......and 300 grand in stock will be a big chunk of dilution for a company with just a 5 or 6 mil market cap.
for those who want to bring up the instance when philex paid 50 cents per share it was not for Payment.....they just wanted a strong controling interest for instances like this........and back then they had forseen the possible dilution with the Basic petroleum legal hearings and simply wanted to make sure they had a controling interest no matter what.
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