News Focus
News Focus
icon url

Acc441

10/20/10 10:42 PM

#30415 RE: EarnestDD #30411

Of course there is significant dilution...they lose 10k+ on each event they hold...AND...on top of that...a $12,500 vig is paid to those that fronted the company a few bucks after each event...this is converted into shares since the events do not generate any profit .....at this rate....we are roughly 2 events from making the proposed 3-1 forward split an impossibility without an increase in the A/S.....OUCH