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Re: What I want to fuggin know

By: DigSpace in ALEA | Recommend this post (0)
Wed, 08 Aug 12 7:17 AM | 46 view(s)
Boardmark this board | The Trust Matrix 		Msg. 09193 of 54959
(This msg. is a reply to 09190 by DigSpace)
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actually Series J had 2 warrants for each share (ICBW) so with say 6m shares and 12m warrants plus the 5m ATM and a couple m for SBcomp ... it seems 2012 is could be good for more like 30m shares of dilution.

Cool.

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The above is a reply to the following message:
What I want to fuggin know
By: DigSpace in ALEA
Wed, 08 Aug 12 7:01 AM 		Msg. 09190 of 54959

(or wanna very much know)

is what'd they print? Seriously, it seems if they are trying to close the door on bleeding they need a considerable amount of money.

At this rate the company will hit the share authorization limit before the shelf limit!

(news flash: share authorization will be on the next proxy, unless they revsplit again to make minbid for listing)

I'm thinking they need about $4m. At today's close (as stated by TS) maybe 7 or 8 million shares
with the 5 million or so printed from the ATM and a couple million for SBcomp for the year ... its close to 20m shares (20% dilution).

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