InvestorsHub Logo
icon url

Yug Eugor

03/27/12 12:11 PM

#11969 RE: Dolphins88 #11968

Respectfully, I have to once again disagree...

1) They cannot raise all the cash they need

2) They cannot whenever they need it

3) The cash situation is and always has been a real problem

When Q4 results are posted, feel free to post a link to it, and prove me wrong.
icon url

rasta48

03/27/12 1:46 PM

#11972 RE: Dolphins88 #11968

At what Cost? If IWDM goes out to raise cash they are going to further dilute the shares. Basically Death Spiral Financing...But again that is what Pink sheets stocks do so it would not be all that surprising.

The Most Likely scenario is that service performed or provided by insiders (rent, accounting, and any other number of things) are being provided at no cash cost, but in return this imaginary debt will soon be converted to shares with a $0.00 cost basis which once sold at any price reaps the insiders money.

Rinse and Repeat.