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News Focus
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ballerballing

08/07/07 5:11 PM

#17545 RE: pompano #17544

:(
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alien42

08/07/07 5:50 PM

#17553 RE: pompano #17544

pompano, just sell and leave. you can come back in a few years and cry at the gains you missed out on due to your ignorance. acquisitions are not free and as i suspected, and the company just confirmed in the PR, are the primary reasons for the funding are legit.
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theliarliarliar

08/07/07 6:32 PM

#17554 RE: pompano #17544

Share Structure:

O/S: 67,870,171 - Float: 6,055,207

Management's Pledge of No Dilution:

from the 8-K/A, 11/24/06:

SECTION 6.05. Obligations of Shareholder. Shareholder, on behalf of new management of MediQuip, unconditionally agree: (i) to refrain from the issuance of any securities pursuant to a registration statement on Form S-8 for a period of 12 months from and after the Effective Time (ii) not to change the number of issued or outstanding shares of capital stock of MediQuip by a stock split, stock dividend, combination, reclassification, reverse stock split, combination or reclassification of shares or other similar event for a period of 12 months from and after the Effective Time, and except as a condition to a listing of common stock on a national exchange, in which event the limitation period will be 6 months (iii) not to issue any equity securities to any person, firm or corporation for any purpose whatsoever for consideration less than the fair market value applicable to the nature of the transaction of such securities, and (iv) not to file a registration statement with the Securities and Exchange Commission on Form SB-2 or other similar form covering secondary offering of and class of equity securities prior to the expiration of 6 months from and after the Effective Time.