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DFLY

07/10/09 10:38 AM

#98268 RE: Phantom_Trader #98267

well it all depends on how many shareholders take advan of it..and with 71m float i was actually thinkin maybe around a 1/4th would take advan so leavin under 100m OS still..i guess time will only tell right?
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hotdawg

07/10/09 10:41 AM

#98271 RE: Phantom_Trader #98267

you r looking at it right every thing should double but that is still a low share structure. compaired to most pinks that r in the billons of shares.
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KarizmaKid

07/10/09 12:08 PM

#98278 RE: Phantom_Trader #98267

extreme you are partially correct. the company would have to make provisins for the increased number of share. however these share are resticted an subject to sale under rule 144. i don't thin we should concerning ourselves with selling a year from now. this could be a whole different picture at that time, maybe better or maybe worse. who knows. also keep in mind the warrant holders have to pay for their shares. this an infusion of friendly capital to help the company achieve its goals. this was not a ton of stock being payed off to some pump n dump scheme.that ugly dilution. stock purchased by existing shareholders does notconstitute rampant dilution. the are pros and cons to everthing. but think the good will generated by the company's gesture more than out weghs the cons. the fact that the record datewas july 8 demonstrates that the company didn't want to wave a carrot in front of would be opportunistic flippers. the company wanted to reward those shareholders who already had puchased the stock for the right reasons. lastly i am intrigued by what happen to yhe people that were short the stock on july 8. aren't they going to be held failing to deliver. then what happens....buys ins all over the place?