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bliz82

02/04/11 3:07 PM

#41983 RE: Threeflight #41982

You have to grow in someway. Money loaned, shares issued, shares sold, etc. We've done a great job to grow our company with only 175M shares O/S. That's pretty darned good for company producing 7 figure revenues BEFORE our disruptive technology has even been unveiled. If that turns out to be a hit, you and I both know this will be HUGE! I like our chances and you do not. No biggie. There are plenty of other stocks out there.
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otterman

02/04/11 4:30 PM

#41991 RE: Threeflight #41982

It would seem to me that one of us longs forward projected the dilution when they stated they would be issuing new shares (for the plan A merger c/w RS) of which 3/4 of them would be convertable leaving us with a 167MM OS after 1 year, and yet I was dismissed because that dilution did not count because those shares werent converted as of yet. Well somebody better discipline me for being forward looking. Silly me thought that they was good fundamental analysis.

So why all the excitement now that the OS is 175MM? Perhaps those who didnt see it coming were caught off guard living in their own little world of sunshine and rainbows?

Not picking on you directly 3F, there were many who dismissed the reality. Sure we're currently on 'Plan B' but I have to agree with David and Bliz, companies have to grow on something. I for one and neither surprised nor worried. What remains to be seen is whether they make something equitable from those shares, which we wont know for at least a few months from now. Its a crapshoot sure, but it always has been.