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WhisperingBomb

09/01/11 7:41 PM

#16226 RE: j45 #16224

Great theory!

Just 191 bucks a piece from the reported 1308 shareholders would do the trick. Why not offer 144 stock at a deep discount to the shareholders in exchange for 250k?? Unless thats not the real hurdle.


Let's see, 20% discount to market is typical for Rule 144 stock. So for $250K there would be 89,285,714 GOSY shares to be sold or 16+% of GOSY for a gross raised of $250,000, before placement expenses.

If $250,000 was to be netted, all the numbers get worse and shareholder dilution even more severe.

So why wouldn't existing shareholders file a class action suit against GOSY's management for diluting them so severely?

Just askin'

WhisperingBomb

WhisperingBomb

09/01/11 7:48 PM

#16228 RE: j45 #16224

The technology is not attracting the investors for the same reason as any technology, Its not worth the money! IMO


Bill Gates would disagree with you.

Just sayin'

WhisperingBomb