InvestorsHub Logo
icon url

petermic

05/19/11 11:48 PM

#32316 RE: Schekin #32314

Well, I feel that it does matter a lot in that a shareholder is diluted hugely. If the $3.4 million was spent at $1 per share, the dilution would be only 3.4 million shares instead of the 60 million share dilution we did get.

It looks like we got total assets of 2 million english pounds in exchange for 60 million shares. That is painful.