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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Arcane Lore who wrote (8707)10/9/1998 8:31:00 AM
From: tonto   of 26163
 
Arcane, once again, you bring logic to the thread. Hopefully someone will be able to explain the company plans.

Given AZNT's presumed high profit margins and the magnitude of their projected earnings based on their earlier unretracted PR, why do they need to have an ongoing private placement ( #reply-5910365 )? If they are indeed earning profit at about $1 million per
week, why dilute the shareholder's equity even further? I suspect the AZNT shareholders are a very patient lot - they certainly have been waiting for that short squeeze, not to mention audited financials, for a while. I doubt very much they'd complain if AZNT grew itself through reinvestment of profits rather than further dilution.
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