Replies to post #6850 on Cannon Exploration Inc. (fka CNEX)

[Talc Moan]

Enzo, the 504 states there gonna sell shares for more than just this year If needed. We may see zero dilution for a long time.

How else due you think start up companies get going. 504's are becoming very common.

If he uses the shares sparingly then there is nothing to worry about. I see Pinks getting crushed all the time by dilution and shareholders can't do anything about. At least we know where we stand.

Were also Pink Sheets Current to boot

Here is a link to read about them


http://www.mwassetmgmt.com/Investors/Rule%20504D.html


Smitter SMTT