Expect more dilution before Mar 31 ...

Welcome To The Dakshidin Corp. HUB On AGORACOM

Edit this title from the Fast Facts Section

Reply New Message

Prev Message Back To Forum Threaded View Next Message

starjets

Rank: Treasurer [?]

Points: 4880 [?]

Votes: 8 Score: 2.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Expect more dilution before Mar 31 ...

posted on Feb 07, 2008 05:49AM

I fear the sp won't get any support until March 31 the day after it will issue restrictive shares to WUHU for its $2,000,000 investment.

The amount of shares needed to support such price would equate to roughly 20,000,000 new shares at current price level which means a dilution of around 30 %.

This could in theory depress the SP more from current levels to about $ 0.07 to 0.08 /share unless we get some good news before Mar 31.

Anyone with thoughts on this?

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply