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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (3574)12/7/2013 7:05:26 AM
From: ayeyouRespond to of 203376
 
My one concern with RGC is they just gave away eq to 10% of their company for two years
of "consulting fees". 113 mil o/s issued 11.5 mil shares to pay consulters , That is a lot of consulting. What the hell is their board and geos doing that they need all this consulting. Could be one of those companies that use the kitty as personal bank. Also this ...
The Company also reports that it has granted incentive stock options to purchase up to an aggregate of 1,000,000 shares to directors and employees of the Company. The options are exercisable at a price of $0.10 per share for a period of five years.

Throw shares around like water makes me a little leery. Will put on watch list though in case they hit a big hole.