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bozazu

03/22/10 1:12 PM

#6988 RE: cheers101 #6987

hopefully they will use profits from the sosua bay casino to fund most or all costs. I am sure there will be some dilution but hopefully not much. They did well raising capitol for the first casino with not much dilution, so I am not worried.
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sssneo

03/22/10 1:22 PM

#6989 RE: cheers101 #6987

Funding for the 2 new locations is not known. I believe the pr is FANTASTIC news but some insight may come from the pr statement from Mr. Swank: "The success of the Sosua Bay Grand Casino location and stockholders has made this growth opportunity viable." What is meant by the success of stockholders I'm unsure of???? IMO it's an increase of stockholders which we will not know until the next qtr statement. I've looked at the dilution scenario and haven't believed in it because much larger shares than we've seen would be released all in one bunch. There have been a few large share trades (100k to 500k shares plus) the past few months but not large enough or frequent enough for me to buy into the dilution theme. They definitely have not dumped great volumes into the markets. One would think this is prime pr along with the recent fight and last qtr statement. Why this stock is not going up in pps ... I DON'T KNOW??? I'm still a firm long believer. Keep the posts coming everyone, they can't help but create interest! An increase in shareholders imo is what is helping make "this growth opportunity viable."