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BeachBum

05/15/12 2:56 PM

#79442 RE: PhilipDrummond #79439

I say a more likely possibility is that Danny simply transferred his shares in some fashion to help finance the company in some way. A way to avoid further dilution.



Huh??

Y U Axing Me

05/15/12 3:06 PM

#79454 RE: PhilipDrummond #79439

I say a more likely possibility is that Danny simply transferred his shares in some fashion to help finance the company in some way.


Let me see if I can put an end to this theory. Wouldn't that be considered a loan to the company? Aren't loans reported on the balance sheet? Did the loans go up by any amount that would make that theory feasible?

IMO, no.