It's good to know that Ed is 'painfully aware' of this potential dilution now based on conversations that I assume you had with him recently. However, I was more than concerned about this back in November when this Mammoth funding was announced (i.e. posts 15487 & 15490). I don't care what Ed has heard from others regarding Mammoth's so-called reputed integrity. Without any kind of time restriction on shares along with a 25% discount, it was an invitation to sell for a sure profit. I'm sure one can say that it's 20-20 hindsight that Ed should not have done this without a time restriction. However, from Mammoth's business standpoint, it was an easy no-brainer decision. They had every reason to sell and bring the stock price lower. Who's to say that they didn't also take a short position as well. I'm sorry to say it but this fault lies squarely with our CEO.
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