SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : qqqq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brian Johnson who wrote (49)11/5/1996 8:17:00 PM
From: Richard Spitzer   of 69
 
I received the Quantech annual report today. Nice to see that they are still on track for product submission to FDA this winter.

What I didn't like was the proposal to double the number of authorized shares from the current 60M to 120M. They say it's to a) protect against a hostile takeover, and 2) allow them flexibility in financing their marketing. Quantech makes it clear that they have sufficient funds for FDA submission but not for commercial marketing.

Any thoughts? Is increased financing flexibility worth the huge share dilution?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext