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jimblob

05/17/11 8:57 AM

#115669 RE: jd123 #115665

Let me share a bit.

Start up projects/companies require capital. Investors look at the product and company and buy in as an investment. In order for ENTID to exist, yes there are shares issued to a variety of partners. Artists, programming companies, attorneys, pr companies, and such get paid in either money, shares, or a combination of both until there is enough revenue to support these needs. Do these partners get common shares? YES. Do they get restricted shares? Yes. So, to say Tony is dumping, is not true. Rather he is building a product and by the looks of the financials, he is doing it well.

I would say a 500% increase in revenue means ENTID is on the right track.