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FlatEarthSoc

09/29/11 9:37 AM

#6426 RE: Cheeky Kid #6424

that company you're talking about has only has 32M shares outstanding.. so issuing 10M shares would be a huge amount of dilution.. also, you don't just snap your fingers and get a $50M investment into a venture company

In my opinion, it's a bit misleading. One potash company listed in there has hardly any shares out compared to AAA.

All it would have to do is do a financing for 10 million shares, say for 6 bucks, less than what it's trading at, and it would have the most money in the bank compared to the others, and still have only a fraction of the outstanding shares of what AAA has.

Good article though, and good for AAA.