InvestorsHub Logo
icon url

6digits

12/04/07 12:17 PM

#107038 RE: Vasco da Gama #107036

Sounds good on paper doesn't it?
icon url

EarnestDD

12/04/07 12:56 PM

#107049 RE: Vasco da Gama #107036

Who would lend money to this company at this stage?
Not a normal banker.

I think we see another GGI deal.
icon url

DownWithPumpers

12/05/07 12:26 PM

#107245 RE: Vasco da Gama #107036

LAST PR THE ACQUISITION OF DR. GAS

1 - The Dr. Gas acquisition will more than likely contain a cash component.
2 - We would structure any such cash component as a private placement through a reputable investment banker in order to minimize dilution and control the influx of any new stock into the market.
3 - Dilution is as relevant to me as it is to our shareholders, and we are going to do everything in our power to minimize


Is Hunsaker lying or is he unaware that private placements affect the outstanding share count, and are therefore dilution?

This stock will never go up significantly until management decides to be honest with investors.