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SevenTenEleven

01/22/11 8:00 PM

#31419 RE: PRmaniac #31403

Yep, dilutive financing may already be underway, IMO.

Maybe Pags should read the rules on Rule 144 share restriction periods to see that, even if they claim a 2 year restriction legend, it likey will be much less than that.

Who would agree to 2 years, especially with the history of massive dilution and reverse splits in 2007, 2008, and 2009
- PRmanic

I could see the argument there. Company is reducing their A/S to 500MM from 15B and are in the process of a share buyback program. Yeah, I could see dilution in that formula.

Good Luck!