Replies to post #24292 on Left Behind Games (fka LFBG)

[tjodel]

If they used the $10m to buy shares today, right now, at .003, the $10m would buy 3.3 billion shares.

Out of the 5 billion new shares authorized.

So how does that look.

If they use the new shares to expand their operations and make more money, than that's just what they have to do to grow the company.

Or, they could borrow the $10m at some ridiculous rate of interest, like a lot of pink sheet companies do, and go bankrupt 6 months from now when the loanshark demands the money back.

Which is the better alternative.