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 : ETPI-Military Entertainment Enters Civilian Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TerriB who wrote (4729)9/30/1999 10:12:00 AM
From: Gator  Read Replies (1) of 4767
 
Looks like a real good deal for ETPI (and us).

Yes, it will eventually lead to more stock being issued when the notes mature, but it won't be dilutive if earnings outpace the share growth.
Reduction in debt will help the bottom line, as will additional acquisitions which hopefully will be immediately accretive to earnings.

Having the President from the funding company on the board of directors practically ensures that the money will be wisely spent.

Gator

Disclaimer: I have received 10,000 restricted shares of ETPI in exchange for various consulting services.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext