Replies to post #14273 on American Security Resources Corp. (ARSC)

[Oldteck]

No R/S Required. 3 co's 2 JV'S. As companies are spun off, share count will be reduced:


Frank Neukomm
to me

show details Jan 20 (2 days ago)

"What dilution are you talking about?
Increase in authorization required by the funder, St. George, is not dilution and will be reduced when their investment is recouped."
- Show quoted text -

It appears to me that the huge share count is for 5 companies, and will automatically be reduced as they are spun off. Which makes sense if you require funding and partners for 5 companies to maximize the potential of this co. It is after all a Holding co.

JMHO

Oldteck