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jshuff

06/02/09 7:49 PM

#57991 RE: ragmuff #57990

i agree this is nothing more than a money press for the company not share holders. I am out tomorrow all 20million .it was free but . now it is pure greed on the company .glta

Whiplash_Investor

06/03/09 11:20 AM

#58047 RE: ragmuff #57990

Could be and more often than not you are correct. If they're not dumping, I guess they have the cash they need. If they are, they need the cash. The big question isn't dilution, but where the money is going. If they use it wisely to grow the business, I have no issue. If they just use it to pay salaries and do nothing, that's a scam.

I think naysayers are tto focused on issuing shares, which is a necessity with every company not yet cash flow positive. Where the money goes is the important thing.