GREY:ADEXF - Post by User
Post by
crazyanalyston Dec 16, 2013 4:24pm
236 Views
Post# 22011276
More Dilution
More Dilution
This is more dilution. RB PLC couldn't be paid, so they gave them a lifeline of a year by massive dilution. How will John come up with 275k to pay them in the short term???? He will have to dilute MORE!
Even if a deal goes through now, which is unlikely. With the massive dilution over the past year, this stock can't go past 25cents, which it was trading for last year. Everyone lost major!
Just imagine what happens when the Chinese DEBT DEBENTURE matures in March. How will they come up with 5 million dollars? That would mean to Issue 100 MILLION shares?
Dilution, dilution, dilution.....