Lets consider this....If the company has to increase the A/S to 500 billion in order to attract new investors, how exactly is that helping us? Bringing in another 10,000 new investors while making the O/S about 10,000 times what it should be in not a plus!
As to selling company shares to support the car, if the stock were trading at $100 and going down, at least the cost of running the car would be decreasing as well, but to have the stock at the lowest possible means having to sell the most shares possible to pay expenses.
Any way you look at it, this is not money well spent!
If they start uncovering diamonds of any quality, the value of the company will increase. However, diluting the company further would not increase share price, which is all I care about.
Focus on primary issues like finding diamonds and drilling for new ones should be the only goal right now, and doing it as cheaply as possible, would also be appreciated since I am one of the people supporting them right now.
All just my opinions, of course.
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