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The Rainmaker

08/27/13 10:42 PM

#3954 RE: irka #3953

There is only 57 million shares outstanding, they cleaned up millions in old debt. This company is incredibly stingy with issuing new shares and has an incredible share structure with only 57 million shares with many of those shares held by insiders and long time investors. There has been nothing in Mike James behavior that makes me think he will dilute this stock dramatically.
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crookedneck

08/28/13 10:18 AM

#3964 RE: irka #3953

Mr. James has made it very clear on both of my telephone conversations with him that he will not resort to diluting shareholders, as he is well familiar of the consequences of dilution and the effect it has on a company. He made it very clear that he will grow this company through increasing sales and revenue, in order that he does not need to use dilution. Right now they have shipped more product than this company has in the last 6 years and this being their 4th new product launch of the year, they have not resorted to any dilution. The revenue coming in from sales will fund the day to day operations and future growth and it is Mr. James commitment to ensure enough product sales to support the company and get it to a cash positive state as soon as possible. He is living up to everything he has said and is proving that he can generate enough sales to sustain the company without the need to dilute shareholders. HE IS WALKING THE TALK! Which is something you don't see very often.

Plus he was smart enough to find ways to get millions of dollars to support the company through the tax programs he utilized. What else can he do to prove to you and your trader friends that he is serious about not diluting shareholders. If this isn't good enough for you and your trader friends that is just fine, as you will be missing out on a huge opportunity, so I could care less what your trader friends think, because they didn't take the time to do their complete DD! How many times does Mr. James have to address this before you stop complaining about it? Is he not doing what he said he would do, without diluting shareholders?

He said he would address the AS issue after these successful launches are completed and I believe him. If you are still worried about dilution, why don't you call the CEO yourself or just sell and move along? The issue has been addressed every possible way it can for now and to keep hounding the same issue after it has been addressed serves no purpose. If you think the CEO should drop everything and spend his time getting the AS issue fixed to satisfy you and your friends instead of being out there busting his butt to get more distribution and sales to support the company, you should sell - End of story!

Cheers!