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mommykat

08/28/14 10:34 AM

#9552 RE: Tristan da Cunha #9551

Right! I'd forgotten... he owns Clean Energy Funding as well as Houston Industrial Materials... And shares were issued, you are right about that.

On the bright side, seems like they've smartened up a bit recently. If you take a look 241,968,911 shares were outstanding as of December 31, 2013, and 253,368,911 as of June 30, 2014.

So they only issued 11.4 million shares in the last 6 months, contrary to their previous extravagance. Hopefully they continue down that road and use the new shares for growth and the overall good of the company. I do still have high hopes for them :)