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Re: Joe Burmeister post# 37846

Monday, 02/24/2014 11:12:18 AM

Monday, February 24, 2014 11:12:18 AM

Post# of 66247
Basu states that she wants the additional funding to move forward with the plans to grow the business. She obviously has also grown tired of putting everything on hold until the settlement from the court case is achieved. The simple fact is that PPJ gets no additional funding if the stock price increases. That stock is already out there in circulation, and any financial benefit to the company was acquired when the stock was initially sold. If we want the company to grow, which would push the stock price higher, Basu needs money to finance that growth. That means new financing, and likely additional shares in circulation. Existing shareholders never like that, but it is necessary if we want to see the company grow, which will push the stock price higher in the long run if the company is successful in its growth plans.