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Den

08/22/08 4:05 AM

#6434 RE: GeorgiePorgie #6433

GM/&...good point Georgie





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no_shorts_here

08/22/08 7:33 AM

#6437 RE: GeorgiePorgie #6433

I think it's important to look back and see that they increased they A/S from 2B to 5B on 6/20/08 and that they've already diluted from that new piles of shares. I will agree that they might be able to hold off on diluting at this point, but only because they have leaner operating costs when compared to their sister company, Spooz. You also need to remember that some costs are shared, and as such, any cash flow problems experienced by Spooz can have a significant impact on 141. You should also take notice that Spooz has already gone to the well and it is now dried up, so in the absence of significant revenues from one of these companies, there could be further complications.

Based on these observerations, it is my opinion that 141 is not yet done with dilution, and that we'll see more by the end of the quarter.