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2hars

04/03/11 6:02 AM

#42329 RE: 2hars #42328

For you and everyone else that wants this to go to Pennyland...I hope you are right. I don't trust liars though. NWTT has done nothing to build trust...Everytime they have something to run with they change directions. NWTT is very shady...I'm NOT proud to say that I once supported this company.
The only thing that I can say about NWTT is that Marine1 and Fire Lane have been 100% correct on everything...!!!
JMO
2har
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Roberto7

04/03/11 8:55 AM

#42330 RE: 2hars #42328

I think I read this diffently... I read here that they do not need extra financing for Platinum en Bermal. Only the last words can be interpreted that they don't need extra financing for other deals.

The reason I don't read it that way is, again, their switch from gold to platinum, for which they give as reason that it's cheaper (imo) and the gold mine doesn't fit in their budget (shares/cash).

So there's no money left for other mergers/acquisitions and the AS is almost maxed out. If they want to perform another merger/acquisition it's logical that they need to raise the AS.

I also thinks it's not correct to say that they WILL dilute. They might pay the next merger(s) in shares, which might be restricted.

All imo