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kzivann

01/17/08 4:32 PM

#132050 RE: MattG84 #132045

Matt, have you notice there is no answer posted by the "faithful"? That says alot. imho
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LexTrader

01/17/08 4:33 PM

#132051 RE: MattG84 #132045

Yes a 504 is dilution. A company can sell up to $1,000,000 on a 504.
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Lurker from Mars

01/17/08 4:35 PM

#132054 RE: MattG84 #132045

Is a 504 dilution? If they use it yes...

Why do you or anyone else think that will not happen? Because they just ambushed shareholders with the R/S and they want deep pockets to invest. Therefore the drama must be over if they want credibility. They played their last card in pinkyland on the cusp of uplisting.

Now we will get to voice our wants and wishes, though they already know what we want...NFL, NASCAR, NHL...will not license a scam stock....MLB, VLC and the rest would pull their licenses...We are golden from here...
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Wonway

01/17/08 7:27 PM

#132099 RE: MattG84 #132045

The company may be going private. They are not selling shares they may be giving them away to employees through stock options.