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Re: CaptWhizbang post# 14298

Wednesday, 12/19/2012 8:27:33 PM

Wednesday, December 19, 2012 8:27:33 PM

Post# of 29204
A S-3 Form was filed on 2/3/2012 which registered 100,000,000 shares.

So in the present worse case we could see 404 million shares outstanding. That is an incredible amount of shares for a company that has yet to turn a profit; Starting to sound like Zimbabwe dollars or helicopter Ben to me. Of course we wouldn't expect all of those shares to be dumped on the market at once, but at the current pps it would take us down to 61 cents or so wouldn't it?

I'm sticking with the Santa fantasy for now as it is more appealing.
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