RE: Here`s an Idea! - mguru - jh -- LL
posted on
Apr 28, 2005 07:37AM
Good point. Blackjack works for me.
I think all the known evidence points to more dilution.
How important is this for a penny stock with some 166 million shares? Other than the obvious ``more shares = less revs / profit per share,`` I have no idea.
For example, if the next pile of shares equals 10 million new shares (options or shares issued) in one fashion or another, that`s about an additional 6%. Does that mean a penny stock sitting at $0.1749 goes down 6% to $0.1644? Is that it?
As you stated, ``May as well get ready for some good news that won`t impact the bottom line immediately``.
I would almost guarantee you are right on the money here. I trust the guidence / news will be more specific and more verifiable with appropriate dollar projections attached. The former I would bet on, the latter not. That will be a problem and could send some current investors to the showers. New crew?
Whatever the 4Q05 top line number may be, it is pobably not what most wanted to see. Hope I`m wrong, but I`d bet I`m right. Either way, I`m hanging around to see what happens -- no sense in changing the batting order after six years.
John