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SteveNix

08/16/06 12:18 PM

#194063 RE: xanadu #194054

Yes Xanadu, but the value of the cash, the receivables, and the cd all came from issuing and selling additional stock, not from profits, since there were/are/will be (this year anyway........maybe next year????) no profits. However, I concede to what I think your point was.........because of these liquid assets, it might be possible to take care of bills and salaries without more issuing and selling and duluting of stock value. That was your point, right?
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Xanadu said: SteveNix, we have cash, receiveables, a cd we can draw on.
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itrade4profit2

08/16/06 12:20 PM

#194064 RE: xanadu #194054

and that CD means what Xanadu? So tell me how does one draw on a CD (GGI) and then not dilute???? Psssssstttttttt.....they can not!

For every share they sell to GGI at 1.09 dollars per share, they dilute the stock by 300 shares (minimum)...oh OK, actually 287 shares at a minimum.