InvestorsHub Logo
Followers 32
Posts 4949
Boards Moderated 0
Alias Born 03/08/2010

Re: A deleted message

Friday, 08/09/2013 7:55:15 AM

Friday, August 09, 2013 7:55:15 AM

Post# of 56186
what I suspected to happen ,happened. I don't see how anyone who read the 10Q don't see that. Its obvious from post that many are new to trading and need to read up on the multiple ways a company can dilute.

They could have issued the stock and diluted up to 2 billion.
or
issued convertibles with the option to repay or convert to shares at agreed due dates. (Company is broke, so converting to shares almost always happens with OTC companies, Thats how they survive...Rince and repeat)

________________________________________________________________________

When one aims to see negativity on something, it always come to pass. It is called motivational blindness.You decide to be blind to the positives. Before, the issue was the AS will reach one billion shares when 10Q is released. Now the 10Q is released and that didn't happen, the issue has become what will happen next year.

"The stock market is simply the transfer of wealth from the impatient to the patient."

"Always invest for the long term."

Warren Buffett

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.