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denali007

05/02/14 10:05 AM

#68868 RE: long boy #68867

valid point!

KeMBro2012

05/02/14 10:19 AM

#68869 RE: long boy #68867

Acquisitions, my friend. Acquisitions and equity financing. When you have a few billion shares outstanding, you can throw an impressively large number down on paper and have that number still only represent a fraction of a percent of the company.

It's called posturing.

num1inv

05/02/14 10:22 AM

#68870 RE: long boy #68867

why throw out an additional 5 billion shares in what is supposed to be a positive pr in the asher pr?



As was stated previously numerous times here, read the financials. They explain WHY Michery HAD TO increase the A/S....convertible notes were coming due, or past the date where the debt holder could convert at any time....it's all there in the filings.

Since then, with paying off the Asher note, they now have enough available shares to cover notes that are soon coming to the due date.

As well, I paid the fee to search the Delaware state records, and as of yesterday there was only 5 billion A/S.

All IMO

Clariske

05/02/14 12:06 PM

#68885 RE: long boy #68867

I hope you are right, and I think you know a lot of a company and his structure. If is as you have said, it must be go much higher in the future! I hope you are right for me and everyone. This should be great! Keep inform us!