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Holofusion

10/10/11 11:16 AM

#10059 RE: ryan77 #10058

Im right with you there...increase over 300% and no movement in the pps????
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jwblue74

10/10/11 11:30 AM

#10063 RE: ryan77 #10058

Ryan - They could have raised the A/S for numerous things. They could use the funds for increased production and distribution of their products. Stock options & warrants for their employees. Acquisition of another Company which I don't see happening since their Company is growing rapidly. I believe in 2012 when they have a decent net income from Operations they will not have to dilute anymore and could possibly buy back shares. Also, they could have raised the A/S just to keep in their Treasury if needed for emergencies. Remember, they don't want to issue to many shares and have the possibility of a hostile takeover of their Company. GLTU