Replies to post #14274 on Comstock Inc (LODE)

[mkendra]

The potential for dilution is extremely high, given the fact that A/S is not reduced proportionately. Certainly, an Institutional investor will notice this, and run in the opposite direction - not be attracted to it. If they do get in, it will be a quick flip just before dilution. Standard operating procedure.

This is designed to sell more shares. A printing press with an unlimited supply of paper - nothing more.

I have nothing more to say on the subject.

[thistime]

Ig GSPG were to reduce the A/S by at least 75 %,it would still allow them to issue more shares and the package would then be a heck of a lot more attractive to current and prospective investors. YOU NOR GSPG have not convinced ANYONE,IMO (except maybe Winfield and the Board) that the A/S should remain unreduced. THIS IS THE RED FLAG AND DEAL BREAKER ON THIS COMPANY,IMO.