>>They want to increase commone from 150,000,000 to 400,000,000!
They want to increase the incentive plant to 6,000,000 shares
Anyway the stock went up today. Hope for more tomorrow.<<
Let me get this straight. Iomega wants to reward their long investor's patience and support by giving their insiders 6,000,000 more shares, thus diluting the float even more? What do the people who think they won't issue any more shares, with Iomega's 400,000,000 share leeway, have to say now? There is going to be one hell of crash back down to reality here. |
