Replies to post #60 on Emperial Americas, Inc. (fka TEXX)

[Johnny4profits]

Thank you.

I've been slow to launch my efforts on this one as it appears to
me that we are some way off from it becoming a viable trade. I
enjoy stalking potential bottom plays and this is one that may or
may not pan out.

One thing for certain, the current trending along with the absence
of good financial reporting does not instill much confidence at a
penny. LOL


WAITING FOR REALITY

.

[Multi-Bagger]

Your numbers look good. But your explanation on F/S does not looks right. F/S is not a dilution.

Before the F/S, the PPS was 6.00. After the 15:1 F/S, the PPS was 0.40. If some one bought before the F/S, the shares were worth $6 and after the F/S they got 7 shares for each share held and price was 1/15th of the original value.

Dilution is only when the company issue some shares and sell it on the market or the warrants being sold into the market. I am not sure if company issued any new shares after the F/S. If they did, may be what you say is correct. But F/S is not dilution. Its a just method to increase the liquidity of the stock.

In all, the share prices fell from 0.40 to 0.01 and it looks like a good bottom play.