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Stja1

11/13/12 10:41 PM

#18579 RE: luckypennyz #18578

Hey dilution is not always the worst thing out there unless you are concerned with ownership. Yes your share is not worth as much but the company is worth more is general get what I'm saying
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$tockfather

11/13/12 10:51 PM

#18581 RE: luckypennyz #18578

ALL companies on the penny markets dilute at some point...

250M O/S is still tiny for a stock trading @ .003, especially considering how positive the Earnings report was today.

Market cap is under 1M, which still makes this significantly undervalued ATM.

Just think how many other POS pinkies with 0 revs or empty shells trade with higher market values, makes no sense.imo

What's the current float???
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$tockfather

11/13/12 11:11 PM

#18586 RE: luckypennyz #18578

BTW, I've been following BRGO since its IPO offering in Nov 2009 when the market cap reached 60M, the company was doing half the REVS back then as well.

O/S was 60M in Nov 2009 and reached $0.95 PPS

Check post # 20 on this board...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43640516

Overvalued then, undervalued now.IMO;-)