And the news gets worse!
Post from Harley on RB!
Dilution: You'll want to read this!I just spoke to the transfer agent, here's the good news for all you "believers".
New Outstanding shares: 83,299,016 Previous outstanding shares: 75,127,516 New Shares Issued: 8,171,500
New Total Restricted Shares: 36,689,334 Previous Restricted Shares: 32,070,835 New Restricted Shrares: 4,618,499
New Float is : 46,609,682
Another 11% dilution.
Who got the 4.6 million of restricted? At .04 thats 185K! IR firm? This coincides nicely with all the hype and info that we've been getting from CAL. 20+ million issued in the last 60 days. Defenders please step forward!!!
HFB |