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11/16/08 8:49 AM

#15216 RE: go seek #15215

Yes it would improve GTCB fundamentals, but at the same time i feel a very likely scenario of big dilution upon approval and not at sky high prices at all.

Economics wont suddenly change and there will be less money in the stock market and it'll be more risk averse for many months to come.

Seeing how in the past 12-16 months, the only course of management has been to get to the next dilution, they will not sleep even a tiny bit less over bad terms.

And the current "bridge loan"- financing at 31 cents is a very striking example of how they view shareholder equity .. ie just another means to get their goals across and no focus on revenue streams or short term cash.
Ever calculated how much shares it would add? That is massive to me for the dollar amount it represents.

Nothing wrong with hope, but cheering in a downwards trend whilst management has made some very big flaws in intended business model, greatly diminishing the potential gains it could have had... that IS a concern.