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Re: SouthSea post# 615

Thursday, 08/15/2013 11:12:23 AM

Thursday, August 15, 2013 11:12:23 AM

Post# of 21850
SS, I would like to think that this is a good thing, but 5 billion shares is a lot of dilution. I do know that some goes to the initial investors (which will take up a few billion... yes there is a lot of initial investors who bought a lot of shares) some will go to directors and those that are on the advisory board, some will go for acquisitions and some will be added to the share count.

My concern on this would be those shares that go to those company's that loan money to most penny stock companies and then dump the shares at our expense (death spiral stuff). I don't believe we would see the full 5 billion dumped into the float, probably half locked up by directors and advisory people, but who knows. I know there is a lot of talk about other acquisitions going on and they are trying, but not doing as successful a job promoting the company as I had hoped, but they are working on it. I still have faith we can see dollars and not pennies, but just to be sure, I will put in a buy a 1 cent to make you feel better.

P.S I know they read this board, so I think an investor call with questions could be a good thing. With all the changes that are going on and investor questions, we would find out more on the new direction that the company is taking.

IMO only

All post are "IN MY OPINION" and should not be used as investment advice.