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Shyman

06/24/10 8:48 AM

#53347 RE: COBFIRE #53342

I agree that this is a possibility, but I think that the company is looking for long term returns.

I believe the company did this to get capital to secure more production facilities, either through lease or purchase, to ramp up production in very short order. I hope they're buying.
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Revenger

06/24/10 9:24 AM

#53386 RE: COBFIRE #53342

Well, you better hope they didnt "increase A/S to bring stock price down". The SEC would suspend them if they caught wind of that. So, hopefully they didnt have that in mind.