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Sho-Nuff

11/01/11 9:01 AM

#1616 RE: stervc #1615

Nice post stervc. The problem with waiting to see it 'after the fact' is that the pps will have already run its due course at that point for that fact. That is why there ALWAYS has to be speculation in ones mind about where the company is GOING and what the odds are that they will arrive at that destination.

It takes money to make money and ESPI has spent a lot of money up to this point. However, as a sign of their confidence in the direction they are going, they lowered the A/S from 1.2B to 350M! This takes some of the fear away from being diluted into oblivion. However, as the wise investor knows, there is GOOD dilution and BAD dilution no matter how much dilution there is at any given point. It looks like ESPI is spending money in a way that will eventually lead to the revenues outweighing the costs.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7970633

The Board believes the current amount of authorized shares is not consistent with the future needs of the Company’s capital requirements or current shares outstanding and that a reduction in the authorized common stock will make us more attractive to equity investors, who might otherwise be concerned about the level of dilution such investors may suffer upon the issuance of a large number of additional shares. Therefore, we believe that a reduction of authorized shares will help improve the overall value of the Company to investors and increase shareholder value.



ESPI has shown itself to consistently be moving in the right direction. Yes, they have to spend money to get there, but I HOPE that it will be a GOOD return on their investment which in turn will make for a GOOD return on my investment.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65687726

JMO,
Sho-Nuff