Replies to post #12591 on TheGlobe.com Inc (TGLO)

[Sprycel]

Simple and I have explained this on numerous times. They will apply for Preferred shares with 100 for 1 voting rights. They will take their 71% and move it into the Preferred, therefore freeing up those shares for a secondary offering just like TELL did and it protects their ownership of the company.!

[fink]

You should read the DD on this. Funding has been spelled out..

They won't dilute to raise funds. $7BB? They'll need $23 a share and dump all their entire control.

If they raise the A/S, this is .0001 in a few short trades.

This is not a stink Pink play. TGLO is on a much higher plane.

Man! I wish they could dilute to the tune of $7BB. We'd all be rich. But Dilution will kill this.
Plus no one can dilute till this becomes a Company.

[WHIP THE HORSE]

Did you hear about bank loans??The Korean bank already gave them 1.5 billion dollars.

A company like DELFIN will get easy all they need, without resorting to diluting.