Replies to post #45170 on TheDirectory.com Inc (SEEK)

[getsome140]

..but being that there is no dilution for past 5 or 6 months...that in itself is huge ...

I agree that that is huge especially when you factor in considerably significant past actions taken by the company to avoid dilution. Such as pulling out of the 123Chiropactor's acquisition in order to avoid dilution.

TheDirectory.com Withdraws From Deal to Acquire 123Chiropractors.com
Thedirectory.com (PL) (USOTC:SEEK)
Today : Thursday 8 September 2011

TheDirectory.com, Inc. (PINKSHEETS: SEEK) today announced that it has pulled out of the deal to acquire the assets of 123Chiropractors.com due to financing related issues and unfavorable market conditions.

TheDirectory.com Founder and CEO Scott Gallagher commented, "Unfortunately we have been forced to pull out of our deal to acquire the assets of 123Chiropractors.com from C2Binteractive due to unfavorable financing terms and market conditions. The withdrawal from this transaction will have no impact on our current profitable operations. We expect Q4 to be our fifth consecutive quarter of top-line growth and our second consecutive quarter of profitability. Our non-dilutive financing package fell through and I refuse to enter into any other transaction that requires massive dilution of the existing shareholder base. We'll now turn 100% of our focus back to launching version 2.0 of TheDirectory.com and launching 10 new Local search categories by the end of this year." Gallagher went on to say, "We wish the owners of 123Chiropractors.com all the best with their future plans and projects."

The company will update its previously released revenue and earnings estimates for Q4 and 2012 in its earnings release set for September 29th.