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Pescadero

06/30/08 9:35 PM

#60773 RE: Pescadero #60772

Even if they invested at a PREMIUM, say, $.20 per share, Would not that be and additional 10 billion shares outstanding? since that is more than the approved amount do you think you will have a vote on it?

So we will have company with about 13 billion shares outstanding?

This ought to make this thing fly to the moon.
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Rockdoc

07/01/08 6:03 AM

#60780 RE: Pescadero #60772

If I am following your thought process, an investment of 2 billion US Dollars/.02 cents = 100 billion shares. So you get 100 billion shares. Current price is .018 and a discount of 25 percent for the deal would put you around 125 billion shares for your effort. Not sure what percentage of the company you would own, but would seriously dilute any other stockholder.

I doubt they do anything like this. What they do is just give50% of the profit to the group lending the money, and then split up the rest in the company. Same effect, but less messy and less likely to be had.