When i talked to Brian yesterday he insinuated that Carnes was still holding his 40% and was suffering that same as the rest of us. Not sure what the case really is, just passing along that info.
from my point of veiw anything is possible at this point( not to include raising the a/s or doing an r/s as "IF" they are going to have even a 3rd of said "expected" revenues I just don't see either needed) I myself have tried to look at this in WORST case scenario using 400m o/s and just 9 million in revenues, taking a .02pps(which i still see as very conservative "if" peter lives up to even a 3rd of his end of the deal(9m)) and using standard price to earning ratios this stock would be way undervalued @ .02 JMHO and something to think about. GLTU
Please don't tell me there is controling preferred also..lol..
Lets see, retain 100% ownership through preferred. Then dump a million dollar 504 into the common and sell it to "Common" the public. Diluting only the common ownership ownership
Sweet deals all around, except for the poor common holders.
I wonder of clarity could calculate the dollar volume in his float dilution figures?