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neurotic trader

10/26/11 11:51 AM

#37086 RE: watershare #37085

they would never say that!!!!!!!think about it.that statement alone lost wrinkles or who ever said that their credibility.
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Wrinkles

10/26/11 11:54 AM

#37088 RE: watershare #37085

That came through loud and clear to me, was very worthy of writing that down right away. Said something to the extent: dilution can be good and helpful to all if done in the right way, paraphrasing. I get that and agree with him, just that in penny land, many of us get jumpy and rarely see anything done in a responsible way at this level of gambling/investing. Maybe they do it in the right way and with a promo campaign and having big news to release all at once? I don't remember any questions about a potential promo in the future.
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BeerIsGood

10/26/11 12:14 PM

#37098 RE: watershare #37085

ME
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BeerIsGood

10/26/11 1:26 PM

#37128 RE: watershare #37085

My observation on what Andrew said. Yes, he said dilution is necessary. Now before you go thinking WDRP is going to dump a pile of shares into the market and drive the price down, just hang on, there are other avenues to look at.

For instance, they might issue restricted shares as payment to BOD or advisory people.
They might offer PIPE financing which again is restricted shares.
They could offer restricted shares to manufacture instead of cash payment.
Yes, all dilution but isn't the intent any or all of these options add PPS value prior to the shares becoming unrestricted?
Face it, WDRP is cash broke so how would they be able to accommodate a mass roll out otherwise?