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cocktails and dreamz

02/12/09 12:24 PM

#9727 RE: palgosi #9724

is he putting in a gold pin in his shoulder?? we get pieces of paper, they get gold pins.....i see how it is around here now!

lol
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faust357

02/12/09 2:51 PM

#9742 RE: palgosi #9724

I don't know how close SGCP is to maxing out the authorized share count as they sell shares into the market.There has been talk of "financing" to fund future operations and growth.Capital is hard to come by in our present economy,toxic or not. My greatest fear is that the company will max out the A/s, then do a reverse split so as to have "new" shares to trade for capital,or sell into the market.From a business standpoint,this is a viable option-the post r/s company would be producing gold with massive reserves,no debt,etc. Yes,the present shareholders would probably get royally screwed,but the company would be much more attractive to FUTURE shareholders(except for the stigma of being a diluting/reverse spliting company)