Take your blinders off and turn your hearing aid on hdhick. Let's think this through for a moment:
XPGH announced in a PR that they will acquire GEN-X. How in the world do you think they will pay for the acquisition? I can tell you this much, it won't happen with the hugh $12,000 profit they generated from the 2.4 million in sales. If you use some reasoning, there are only two acceptable way to finance the deal.
1. Borrow the cash from a bank and py GEN-X.
2. Finance the deal through a stock transaction. (whether it's being done with common, preferred, or restricted, the outcome will be the same in the long run).
If you believe that the transaction will put money in our pocket in the short term, then you are not being realistic. Remember now, I am talking from a shareholder's perspective. Sales may increase and customer service may improve, but will it add anything to our share price in the next 12 month? The answer will be no, if there is a substantial dilution of the shares. I dont know how much GEN-X is worth, but by everybody elses calculations we are talking millions here. If our outstanding shares double, our price per share will drop proportionally. You may not like this angle, and by the way I don't either, but I think it's worth discussing.
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