InvestorsHub Logo
icon url

doughboy2

02/23/10 11:32 AM

#85557 RE: stockinvestor01 #85553

From what I've seen, they are "diluting" just enough to keep the pps down until the funds are secured and the buy back begins.

As Gob says, "It's an illusion"
icon url

c7bk

02/23/10 11:36 AM

#85561 RE: stockinvestor01 #85553

Banker confirmed Dean was in Germany and is back now. He posted it yesterday.

It is obvious some of the increases have been sold to someone for cash to cover expenses and trip. (HDSN confirms this)

You are correct, 900M is the most he can use because 40% of O/S must go to lenders (with 3 year restriction).

Since O/S is still increasing, and 600M (give or take) hasn't been issued yet, it is a pretty safe assumption funding hasn't closed. (Which kind of explains small increases in O/S so Dean can keep moving all of his projects forward while he waits on funding to hit)

I do not believe buyback has restarted. I still believe we will see huge increase in volume and share price to indicate buyback is on. (Which also should confirm funding is in place) I believe major news will hit after this happens.

All in my ever so humble opinion!