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olico ™

02/01/06 5:26 PM

#89665 RE: The_Free_Nebula #89662

I agree my friend.........sad to see them finance this way, but it WAS all right there in black and white......and old VFIN and ARCA sure made it obvious.
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JASON312

02/01/06 5:34 PM

#89676 RE: The_Free_Nebula #89662

I agree, there better be a really good reason for this dillution or Im making a trip up to Franklin KY
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bag8ger

02/01/06 6:02 PM

#89730 RE: The_Free_Nebula #89662

the free nebula,

Most reverse splits occur when a company has depended almost solely on the sale of shares of its stock as a way of obtaining money to run their operation. This includes so-called death spiral financing.

GZFX has revenues from subscriptions to its service. John Fleming, once a venture capitalist, has arranged financing, which he labels minimal dilution, to complement the revenue from said service.

Knowing as he does, having been there on the other side of the table, I suspect he would be more protective of his company from excessive dilution than most procurers of financing.

That is not to say that someday has GZFX is poised to jump to a new board, such as AMEX, there won't be a r/s to complete it.

But at that time the r/s remaining shares should do nothing but increase in value, rather than experience the retracement we all fear.