stockguy .. DGRI does not have the share structure to get any more financing-500 million shares is the max then what do you believe DH was negotiating in NY ? If the best option for DGRI is a JV IYO and if that neg would theoretically fall thru, rs would be like slapping air. They have nothing to rs on. If they decided to do so, the whole thing would collapse like an empty potato bag = P&D. If they are looking twd a JV it means the comp is needing it. But looking for a JV or being offered a JV are 2 diff things. The 1st scenario is like an attempt for help whilst the 2nd scenario primarily constitutes external interest. Price difference. AS increase would be alright. If it's abt more creditors we'll see a higher OS because of pref's and/or restric. Since DGRI is or has been running negs it clearly shows money requirement and may relate to getting prodn started whether JV'd or not. IMO