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shamus

07/02/02 1:55 PM

#14376 RE: gotinearly #14375

Does it make sense to buy more stock BEFORE six million new shares get dumped into the float? Actually, it might end up being more like nine or ten million shares, assuming the company is forced to sell stock to come up with the $125,000 cash costs associated with the settlement (based on 125K = 2.5 million shares @.05 per share, plus PP fees).

A recent newspaper editorial cartoon: A witness is sitting on the witness stand. The court clerk is swearing him in: "Do you swear to tell the truth, the whole truth... The witness replies: "Of course not, I'm an accountant."

EDIT: SEVU has just dropped below a dime, so the above equation is no longer valid.