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Re: JPetroInc post# 86999

Saturday, 10/12/2013 1:57:10 PM

Saturday, October 12, 2013 1:57:10 PM

Post# of 130507
One way Gerald could have avoided the extra 173 million in dilution would be to have taken whatever Licensing Deal BD was offering us a month or so ago. $5 million up front? $10 million up front? What if by diluting and waiting them out, Gerald gets them to pay us over $50 million in the next 6 months, wouldn't that go a long way to make up for the dilution? Certainly, it can't be in shareholder's interests for Gerald to accept Licensing Deals prematurely where we get much less money, simply to avoid dilution. Other than Licensing Deals, what other method does Gerald have to fund the company's operations than dilution? Are you thinking AMBS is mishandling the money they have?