InvestorsHub Logo

trade2much

08/03/14 10:29 AM

#1744 RE: $$$eeker #1741

$$$ seeker imo it is just part of this Apl 2014 filing for a $30M filing- a from time to time may issue filing. $30M / a share price of $4 = a total possible issue of 7M shares+ for the entire filing or in relative terms about 10% additional stock over its current O/S of 60M shares. Not a biggie at all imho.

Sources:

SEC filing
https://www.sec.gov/Archives/edgar/data/1183765/000114420414046259/v384945_424b5.htm

COH and O/S
http://finviz.com/quote.ashx?t=thld

History/Qtr stock issue in 000 and $
http://finance.yahoo.com/q/cf?s=THLD


When you look at the history of issuance on Yahoo Finance under cash flow you will see that the issues are minimal and also that the burn rate is not vast combine that with Finviz Cash on hand position and the issue may get a hiccup but it should not be strep throat. jmho

Keeping in mind also that 9/30 is a PH3 catalyst date which should be significant for better or worse.


No real problem if they issue when they don't need the $ that is the time to issue anyway plus historically the quantities are small in relation to the overall o/s and the overall total cap$ allowed is rather minimal, 30M

Maybe buy on any weakness.
jmho BOL

T2M