villa: please remember: (along with all shareholders)
with regard to dilution:
the number of shares outstanding does not matter !
what matters is the "market cap" !
lets say we need 5 million to do more great drilling right through the fall:
whether we do it @ 10 cents (50,000,000 new shares plus warrents)
or @ 50 cents ( 10,000,000 new shares plus warrents)
it does not matter ....the market cap remains the same
....our value as a company remains the same.
right now our market cap is down to around 20 million, (we have fallan from 10.5 to .065 becuase of this 'split' non-sense being introduced)
...it should be atleast at 40 - 50 mil. with the price around .15 to .20 cents ...this range would be fair value given present market sentiment.
vote NO (IF YOU WANT TO SEE SHAREPRICE AT FAIR VALUE)
cheers ...danny
