Replies to post #5962 on Raystream Inc.(fka RAYS)

[momo2011]

there have been NO shares issued since the conversion of the debenture into common stock back in Sep

[stockpopper]

That is a standard line you will find in the annual and quarterly reports of any bb listed company.

RAYS has a very strong cash position and does not need to issue shares like most on this exchange to fund operations. I don't see ANY dilution happening in the foreseeable future.

The LACK of shares in the public domain will affect "us" longs sure enough, but in a very positive way.

[baomike]

A more pertinent question is what effect will the selling of the presently issued shares have on the share price.
the 20,000,000 and the 5,000,000
These are not held by the company. The company will receive nothing from the sale or trading of these shares. (I guess the present owners could cancel them).