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MNYC

12/19/10 9:44 AM

#530465 RE: dlake #530460

Proof why no dilution:

NO CSTI OR VERT MM in the past few trading days at all nor will you see them again any time soon, unlike any other plays.

500%+ in the past 3 trading days, float only 23mil, dilution? Suuure :) - I guess when people find nothing else to b $h about a real company with the most amazing potential and DD I've seen in a long time, then they pull the "dilution"-card on a low floater, lmao

Only amateurs would do that out of spite.

RNRG has only started. With each new levels we see higher lows and higher highs.
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Coalission

12/19/10 9:48 AM

#530466 RE: dlake #530460

RNRG - Since apparently you don't understand preferred shares and their purpose in start-up financing, read up on their anti-dilutive effects:

http://www.bukisa.com/articles/360479_an-introduction-to-preferred-shares

"Occasionally companies use preferred shares as a means to prevent hostile takeovers, creating preferred shares with a poison pill or forced exchange exercised when there is a change of control."

"Some corporations contain provisions in writing authorizing the issuance of preferred shares whose terms and conditions can be determined by the board of directors when issued. These preference shares of "blank check" are often used as a defense of a hostile takeover. These actions can be assigned a high liquidation value that must be paid in case of a change of control or can have enormous voting"

Hmm...high liquidation value, such as the $10 per preferred share that Revonergy assigned according to their filings? They want to avoid a hostile takeover, I wonder why? Most worthless penny stock companies are begging for investors to buy up their worthless shares and take the company off their hands, NOT Revonergy.

Preferred shares, $10 a share, redeemable after 5 years! No discounts or toxic financing here. Finally, a small-cap company who understands how to raise money the right way!