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pual

01/24/07 12:13 PM

#449 RE: samaelrocks #448

Agree with most of your post but had to address: "we KNOW there won't be any dilution because all the shares are already out!"

If Sean wanted to issue additional shares, all he has to do is to reverse split the O/S let's say 1 for 10. Then:

O/S becomes 20,000
A/S remains 200,000.

Then Sean can play the game one more cycle.

This being said, if the current merger project doesn't materialize, who would buy new shares from Sean. There shall be plenty of shares available from current shareholders trying to get rid of them.
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etouqe

01/24/07 12:48 PM

#450 RE: samaelrocks #448

I agree, I'm on the fence right now becuase this is purely a gamble at this point. Thats really the issue, if theres no deal you'll problably lose 50%-75% at these current prices (drop .015 to .005), but if there is a deal this will problably go to .05-.06 the first 2 days.

On the other hand I would hate to lose out on this one at these prices because I'm too cautious. I sat on the sidelines for FCNK because I thought nothing was going to happen, but once the symbol changed (RGNO) it went from .025 to .07 in one day.

What I like at this point is there is little volume and it hasnt reached Kool Aide status so posters here are still civil and can really talk about the company without pure pump. At this point with the low volume any big PR would would really bring in a lot more volume and pps. I'll see how the stock is doing later this week when some funds clear my account.