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otterman

07/09/08 6:38 PM

#14934 RE: a_charting_god #14932

13.2mm in dilution (assuming they issue at a penny), no matter how you slice it its still more slices of the pie.
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medchal

07/09/08 10:01 PM

#14940 RE: a_charting_god #14932

"key words here are 'preferred stock'

not free trading common stock"

I guess you didn't read very far into the agreement, right? It would be free trading stock after only a year and is convertible with some sort of price guarantee. But I don't want to tax you with too many technical details, especially since this agreement will never hit its first anniversary anyway. Night night.
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Dobie Lama

07/09/08 10:22 PM

#14941 RE: a_charting_god #14932

a charting Greek god at that.

IS this company worth buying at this time?