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funtank

04/29/10 9:56 AM

#26068 RE: veloyt #26066

This is not as bad as it seems, first of all clearly the shares will not be on the open market, which is good, second of all im sure there will be restrictions on the "share block" its not like they can all be dumped right away, so we still are looking fine and thirdly they are not doing this right now according to the PR,

and on a positive note, love the plans for expansion
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veloyt

04/29/10 9:57 AM

#26069 RE: veloyt #26066

sorry team I am a slow typer but many caught the same thing I did and that does not sit well with me
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daytrder

04/29/10 9:57 AM

#26070 RE: veloyt #26066

I agree that I'm not 100% sure how he plans on getting the money without diluting, but if he's stating in a public PR that it's not going to dilute then it would be very silly if he released a PR the next month stating he was diluting. He just doesn't strike me as that kind of CEO.