InvestorsHub Logo

XBladeRob

04/29/10 10:57 PM

#63594 RE: paidmyway #63593

I am not so much worried, although bothersome as it is, about more dilution. I'm more worried about ensuring some reliable income streams from the efforts of all the dilution so far, so that we can begin looking at feasibly paying back our long term debts, and satisfying said creditors.

More dilution is a necessary evil people may argue against.

The latter, is an nonnegotiable necessity.

The two aren't really comparable in terms of economic priority, I think.

All that said ...

There's not a lot left to dilute. Already being at .0020 ... we can only go down so much more. And having hit .0015 earlier this year, we've come pretty close to outright flat lining on dilution and negative price action.

So management needs to realistically look at how to spend our last few dollars, and what little more it could issue, and recover this company's only revenue generating income stream.

And if that doesn't happen in the next few months, we're probably looking at a haircut of some kind or another.