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eelfland

07/12/07 12:13 PM

#22738 RE: greenallday #22737

Well, they weren't "open" at all about that last hunk of dilution, and I don't think there's much chance that they'll be able to sell $13.5 million worth of more stock without raising the AS, not to mention the OS, again. We'll see.

Much depends on whether they get the blimp up, on schedule, with their name on it. If this last bit of cash they took out of their stockholders' pockets doesn't make that happen, then I think the company's in big trouble, as are its stockholders.

But right now, I don't see anything to do but wait and see. At least they're giving us some numbers to work with.