GREY:BURNF - Post by User
Comment by
nofluffon Mar 10, 2014 1:28pm
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Post# 22303361
RE:Financial Situation
RE:Financial SituationNo one closer than me without being an insider. I will repeat my earlier posts. We need a half million to meet our present needs. I believe the management that has run up the tab have agreed to be paid in options. What I cant fiqure is the option price. I am guessing a nickle. So if they take 10 million shares at .05. I get diluted by 20%. I am glad our management is not stupid. A nickle seams very cheap. Yet, I have bought as low as a penny so I have no complaints. I have been breaking even with this company for close to 20 years now. I think I am about to be well rewarded. Those that are new and buy now have the advantage of short term hi profit so will do way better than me. Life averages out. I just had an amazing short term clime on Copper mount and am hoping for the same on AME. BVE has become a habit for me. I hope it turns out a good one. WE may do a small PP, but I am sure a percentage sale is in the books. NF