Replies to post #42460 on Green Energy Enterprises Inc. (GYOG)

[FoodStamps4stocks]

JMHO they have a bridge loan...BUT if they use money from the sale of stock then they don't have to pay interest on money used from said bridge loan. Much as I don't like it, I think it's a smart way to save $$$$'s. It wasn't stated what the interest rate on the loan was. Fixed? Variable? 10%??? 15%???
0% interest is always better.

[snortgoesthebull]

Correction. He has only about $9,000 to go. It is UP to 50,000. Which IMO tells me this should be completed today or tomorrow as its only about 500,000 shares left to buy up. Im not sure why everyone is freaking out.

[magoohi]

I really don't know what you deem "dilution" as but with a low A/S of 750mil, whatever "dilution" is going on is for the good of the company. This is a public entity which sells shares for the good of the company and for the shareholder to trust the company and its plans for the future is why he/she bought shares to begin with. There are many companies with A/S and O/S in the billions that really "dilute" but because their shareholders believe their pps is up there. I have been reading and shaking my head over people grumbling about the O/S being 500mil and I have to laugh because that is still low. PPS is low because confidence is low here. Thats how this stock has been running. Anyone can see how fast the pps moves when there is buying pressure. It's the lack of shareholder confidence that places the pps where it is today on a stock that is much transparent as any (i.e. spng). IMO.