Global Innovative Platforms Inc (GIPL)

[justasupporter]

At least the bad news is no longer a secret. Heavy dilution to clean up the balancesheet. Didn't seem that they were able to find a strategic partner. Giving 200 million shares to a strategic investor for $10 million would have been smarter than using 200 million shares to convert ~$4 million in debt and raise a bit of cash.
To bring the Lycon Chip up and running will require cash. Lots of cash.
To fight those infringing the patent will require cash. Lots of cash.
Finally if you think Spitz, Kagel and Pignatello are working for free you are very much on the wrong way. I expect them to be very very generous rewarded with options and shares.

Before we see a single $ of income we have a long way to go. I expect the 10'000'000 preferred shares and the 300'000'000 common shares not to be enough. We might end up with a float of about 600'000'000 million shares by mid 2014.

Let's see what PR they have for us today. Yes, I expect one today.