David Michery's response when asked about the dilution:
Just because a company increases its authorized shares, does not mean it is going to run out a make foolish acquisitions. The right approach for any public company, would be to use its stock on an equity basis, if the right acquisition became available, which would restrict the seller of the asset from immediately selling their position. I believe there are rules on how long, what percent and what disclosure must be issued, when anyone person, or organization holds more than 4.99 percent of the company's stock. We are focused on equity based deals and NOT debt financing.
David Michery-CEO Primco Management/ESMG Inc. & Top Sail Productions. 1875 Century Park East 6th Floor, Suite 73 Century City, CA. 90067 Office: (310) 407-5452 Cell: (562) 565-9967 www.primcousa.com www.esmgusa.com www.topsailproductions.com
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