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finishgreen

06/05/10 11:27 AM

#13375 RE: dshade #13367

My guess would be the walk to their Local Bank with PO in hand and get what ever they want..Or the dilute a little to raise cash..Dilution in this case wouldn't scare me much. Dilution with no PO would scare me. There is a time and place to dilute this maybe one of them...thoughts?

alliecorp

06/05/10 11:38 AM

#13382 RE: dshade #13367

Ok let's take a look at worst case scenario then and see what might happen if dilution were needed. It shouldn't be due to the BP contract but lets take a look anyway.

The pps is currently at ~.07, which is key here. (Although, I would share your concern if the pps was still in the .00 or .000 range though.)

So, at this time, if Charles Diamond needs let's say $500,000 cash right now to ramp up operations and expansion then most likely an investor would be seeking shares in exchange for his/her cash investment at a pps of .05 or .06 for their money.

So we'll use .05 in this example then.

$500,000 / .05 pps would give the investor 10 million shares.

An additional 10 million shares to our OS or float is nothing especially since both are so small anyway. Even if it were 20 million shares, at this pps is nothing especially with the new BP contract which will be funding MOPN for a long time, imo.

Dilution fears are unwarranted at this time especially now that serious contracts are coming in ... BP as a main source of revenue is huge here! The BP contract alone will provide MOPN with the back up they need for a regular loan from a bank.