InvestorsHub Logo
icon url

Aston Martin

07/17/06 4:56 AM

#63 RE: PENNIEStoSTACKS #60

The CEO said at the interview at www.wallst.net, that the company " currently is kicking off a private rate" to capitalize the company for the next 3 to 5 years. I think they need some millions to pay all costs and production of clothes for the next 12 months until the company makes real revenues. I hope this doesn't mean that they offer a private placement of, for example, 40 million shares at .50 to have $20 million available!!! Would be a tremendious dilution of, all in all, more than 80 million shares.
To avoid such a dilution I prefer the company gets a private loan insteed of "printing" new shares.
Any idea?