Replies to post #5263 on Superior Oil &Gas Company (fka SIOR)

[DeeDog]

On the authorized shares, if they use them to pay for drilling or whatever, restricted shares wouldn't hurt us but otherwise I think there will be a date...and before that date they can't be sold. They're also usually issued at a future value, so they wouldn't be sold until the stock was worth more than it is now. For example, they would be issued at a face value of a dime and could be held until they were worth more.

As Larry said, if SIOR does well, it could make the dilution not even noticeable.

I'm obviously no expert, but that's my understanding. If someone can correct me or add to that, please do.

Dee

[DeeDog]

Dilution may not be so bad, good producing horizontal wells could make enough money to offset any dilution. It costs money to make money. They have to get a start...IF that's what they intend and I'd guess it's likely.
:)

Dee