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PinkElephant

12/18/06 7:32 PM

#1050 RE: Sup3D #1049

I agree, but so far it seems they have been doing a good job keeping the O/S under control. Hopefully, they will continue to do so, because it is critical to maintaining investors faith in the share price.

Keith seems to be pretty straightforward about what the last increase was for (more leases). I'm sure if that stays true, then we can survive a few more increases for the sake of growth. However, with the revenues currently coming in, hopefully they won't need to anyway.
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lowman

12/18/06 11:03 PM

#1053 RE: Sup3D #1049

Forgive me if my reply should be harsh, but to nip it in the bud, let me say this: we are talking about a company who's insiders own well over 1/3 of the company.

We're talking about a company that is debt-free and has considerable hard assets (not just leases).

We're talking about a company that is not only cash-flow positive, but in an increasing manner.

The thought that dilution will hurt this company is just short of lucicrous.

Why?

Because the fundamentals outlined above are more than indicative of the company's ability to act in a manner than is shareholder friendly, to say the least.

Personally, I welcome dilution because I'm not blind. I know that WHATEVER Keith uses it for, will serve well to add to the value of this company.

It may do well to remember just what a publicly traded company is all about: The issuance of shares for the growth of the company. (When done responsibly, it has fostered the growth of practically all publicly traded Fortune 1000 companies).
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lowman

12/19/06 5:19 AM

#1060 RE: Sup3D #1049

Sup3D, I'm not trying to engage in debate, but I never saw mention the word 'responsible' in your post, whether used in their obvious past responsible uses or future responsible uses, of shares. That's all.



As shareholders we could ask for virtually no better way company insiders be compensated for their services. If services, which rightfully should be compensated for, are done with newly issued shares, it is the absolute, bottom line, most shareholder friendly way of compensation, and should be highly praised, as opposed to simply dismissed, over-looked, mis-interpretated, or otherwise misconstrued in any way, than what it clearly signifies: total faith in their own abilities and the company they perform them for, thereby increasing the fundamental 'bottom-line'. This type of compensation is only one step away from 'insider buying'.

I truly welcome this form of dilution, as any other dilution for compensation adds only to the uphill battle a pinksheet stock already experiences.

I think we would all be hard-pressed to find even one single pinksheet stock that operates in this manner, which is why I believe we have a 'most un-pinkie like' bigboard style company here.

GLTA who also see this. Despite being non-reporting, as I have already said, it may do well to 'throw out the pinkie rule-book' with Hemi. Hold tight to your shares and take profits sparingly, as I believe Hemi will come to surprise us time and again.