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Alias Born | 06/21/2011 |
Tuesday, February 12, 2013 12:52:18 PM
They show a net loss of over $11 million with not much revenue coming in...yet.
They've issued over 4 million in stock to finance this thing in one year
They've issued over 1million warrants and apparently have more to come soon.
Low OS but 400,000,000 AS means they can dilute much further if needed.
A very high market value now considering the revenue coming in and negative cash flow
I'm in at average of .40. I've been in this on and off since DEGH days, but got stuck on the last run up. To average down to .30 I'll need to pony up another grand.
What say you people?
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