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retired investor

04/26/05 6:27 PM

#25025 RE: frogdreaming #25012

i commend your math wizardry in figuring this:

<The completion of the plan will result in a number of shares in play after the r/s that is equivalent to 28 Billion shares prior to the r/s.

however, in my mathematically challenged mind i can't help but think that there is something that counterbalances that astounding figure "equivalent to 28 Billion shares prior to the r/s". i would think you would have to somehow equate the added value of the sp after the 'combination' takes effect. either 10 or 20 times what it is at the time of the r/s. depending on what progress and better perceived potential can be made to raise the sp even before the r/s is effected, this plan gives the co. a lot of firepower in carrying out their game plan without using all or even a large percentage of the a/s. dilution to some degree is inevitable, we just don't know to what degree, in spite of your "equivalent to 28 Billion shares prior to the r/s" scenario.

certainly a lot of pie in the sky, ifs, ands, and buts; but hey, anythings possible on the upside, as well as complete failure. i understand full well your reason for being here (as stated by you in the past), which i can respect to a degree. as for me, as negative as a r/s normally seems, and as tempted to vote no as i initially want to, i am still intrigued by the possibilities here to let the co play out their hand. i'll study my options til the last minute that my vote has to be cast.

Gcbr

04/26/05 10:17 PM

#25033 RE: frogdreaming #25012

LOL---BS