Jake:
Eutro typically gives out stock as a dividend when they bring a company public. Stock dividends are usually not favorable, but Eutro does not give out their stock as a dividend, so the typical + & - effect does not happen. It is solely a "+" effect, no dilution effects with this method of paying a dividend.
I hope they have a deal signed, new business ("cash flow") is far more important than the float. Who cares about the float if there is a cash flow problem. First things first! We have been told the 50 mil problem is contained, and they are working on a resolution, fine. We have been told "no reverse split", fine. The float cannot get appreciably larger, fine. However, the bills come every month, and the shareholders would like to get some earnings (and stock dividends).
A deal is the Steak, the 50 Mil is the A-1 sauce, I can't imagine a plate of just A-1! |