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johnnoelc

02/12/10 10:57 AM

#28812 RE: mysticjinx #28807

while i agree there has been dilution, im don't agree about the amount of that dilution mystic...I believe that we may have diluted up to about 2.5billion at the most. If we need to raise cash in the future I believe it would be foolish to use all our A/S up.. That would be a mistake IMO- and quite possibly would lead to either 1. Reverse Split or 2. the issuance of more A/S. I dont think Adam or Anthony would want to dilute the stock further as this would only succeed in reducing the value of their own share holdings. If I were CEO/ Chairman I wouldn't let that happen.IMO of course..thoughts?
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KingofPennies

02/12/10 11:14 AM

#28817 RE: mysticjinx #28807

Again, who are these bashers you keep bringing up?
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Dumbarse

02/12/10 12:38 PM

#28850 RE: mysticjinx #28807

I'm not saying that there won't be dilution, what I'm trying to say is:

flaflyersfan keeps throwing out this "6B shares traded since the last 10Q" comment as proof. In addition, that's his proof that it is 3B.

What I'm saying is that it is not out of line for stocks, that are this cheap and popular, to trade 6B shares in 3 months. I gave the example of a stock trading 1.3B shares in 1 1/2 weeks.

There may be dilution, but the 6B shares in 3 months isn't the proof of that.