sml.v - yes, 104m f.d., 87m outstanding ... warrants and options are all out of the money at this point, i think, and give six million bucks on full dilution ... so a market cap of less than cdn10m at the .10 i bought at this morning, that's not so much, it'll bounce well from around here, and before too long imho ... a rollback, sure why not, make it a 1-for-10 at least if they're going to, it's all the same difference ... yes they were adamant against one, as of about a year or two ago, i heard
Lots of plays out now with mega-shares ... look at old Queenie, 650m f.d., something like that ... can't get its stock to four bits, that's true, but i just bought Stealth at a dime, don't need four bits, lol ... what a change in a few years, eh, i recall old-timers saying they wouldn't touch an outfit with three millions out ['Glick's got that gestetner machine rolling overtime, son, remember stocks are made to be sold, nothing is big enough to be divided that many ways, etc'] ... but times change - just think, you never imagined then that you could trade stocks realtime in your underwear |
